Over $590 million liquidated as long altcoin traders lose $343 million amid $82k Bitcoin

Liam ‘Akiba’ Wright

Over $590 million was liquidated in the crypto market over the past 24 hours, impacting 194,284 traders, according to data from Coinglass. The largest single liquidation order occurred on OKX’s BTC-USDT-SWAP, valued at $15.56 million. Long positions bore the brunt, accounting for approximately $343.67 million of the total liquidations, while short positions made up $249.48 […]

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Over $590 million liquidated as long altcoin traders lose $343 million amid $82k Bitcoin