Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million
Bitcoin's price crashed to $61,000, causing $282 million in liquidations within 24 hours. Over 91,000 traders lost positions, with Binance and OKX experiencing substantial losses. Ethereum and Solana also faced significant liquidations. If Bitcoin continues to decline, liquidation volumes could rise further.
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