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Ethereum Liquidations Reach $356 Million in Crypto Selloff

Ethereum liquidations hit $356 million, outpacing Bitcoin in a broader $1.19 billion cryptocurrency market selloff.

Ethereum Liquidations Reach $356 Million in Crypto Selloff
Image: BullishMarketCap

Ethereum liquidations reached $356 million, outpacing Bitcoin during a broader $1.19 billion cryptocurrency market selloff, according to Binance.

Market Selloff and Liquidations

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The widespread market correction drove total cryptocurrency liquidations to $1.19 billion across major assets. Ethereum accounted for $356 million of the wiped positions, surpassing Bitcoin in liquidation volume during the downturn.

Key facts

  • Total cryptocurrency market liquidations hit $1.19 billion.
  • Ethereum liquidations totaled $356 million, outpacing Bitcoin.
  • Data was reported by Binance.
$ETHBitcoin#Ethereum#Crypto#Derivatives

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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