Crypto market liquidations hit $935M as Fartcoin, OKB, CRV lead losses
- Fartcoin depreciates by over 16% below its 200-day EMA, risking a crucial support breakdown.
- OKB hits a key support at the lower boundary of a declining wedge pattern.
- Curve DAO token risks falling out of a declining channel pattern.
Fartcoin (FARTCOIN), OKB (OKB), and Curve DAO (CRV) emerge as frontrunners in the declining market trend, with double-digit losses over the last 24 hours.
The cryptocurrency market has incurred $935.44 million in liquidations over the last 24 hours, as Bitcoin (BTC) drops below $110,000 and Ethereum (ETH) slipped below $4,500 on Monday. This pullback extends the weakness from Sunday, resulting in a larger wipeout of retail leverage in the derivatives market.
Total Liquidations….
