In brief
- $442 million worth of crypto liquidations have been recorded over the past 24 hours, most which were long positions.
- It comes as the majority of the crypto market is in the red, with major coins including Bitcoin, Ethereum, and Solana down on the day.
- Only four non-stablecoins are in the green over the past seven days, with emerging decentralized exchange Aster leading the way.
Just shy of half a billion dollars worth of liquidations swept the crypto market on Thursday, amid a broadly red week for the industry.
The global cryptocurrency market has slipped 2.2% over the past 24 hours, according to CoinGecko, with IP blockchain Story as the biggest loser, down 27%.
As a result, $442 million worth of crypto liquidations have been recorded over the past 24 hours—$377 million of which were long positions.
Ethereum accounts for the lion’s share of the the liquidations at just over $180 million, according to
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Author: Ryan Gladwin
