Another $500M+ in liquidations in the past 24 hours.
The majority (almost half) is coming from $ETH yet again. The Open Interest on ETH is now down -$4B this week alone.

🚨 The Crypto market has seen over $1B of liquidations in the past hour alone.
$ETH has seen the most liquidations followed by $BTC.
When looking at the overall open interest lost in the past 24 hours:
$ETH has lost $3B in Open Interest
$BTC has lost $2B in Open Interest.
A

Daan Crypto Trades

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A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with BTC$109,503.90 tumbling below $109,000, its weakest price in nearly a month.
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Crypto Liquidations Top $1B as Bitcoin, Ether, Solana Selloffs Worsen

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