Hot Moments: The Market Is Covered in Red Again, Altcoins Are Crying Blood, What’s the Latest Situation? What about liquidations?

Partially recovering from the sudden decline experienced yesterday cryptocurrency market again today Bitcoin However, there was a sharp decline again.

This time, the significant part of the decline altcoin was watched by. In the last hour, Ethereum has decreased by 1%, Solana by approximately 4%, Dogecoin by 3%, Cardano by 3.41%, Avalanche by 3.74%, Cardano by 3.40%, and Shiba Inu by 3.95%.

Among the 100 largest altcoins, those most affected by the decline and their losses in the last hour were as follows:

  1. Beam – 7.64%
  2. Jupiter (JUP) – 7.27%
  3. dYdX (DYDX) – 7.62%
  4. Ronin (RON) – 6.43%
  5. Ordi (ORDI) – 6.31%
  6. Floki (FLOKI) – 6.29%
  7. Aptos (APT) – 6.14%
  8. Worldcoin (WLD) – 6.12%
  9. Gala (GALA) – 6.1%
  10. Conflux (CFX) – 5.68%

During yesterday’s decline, the Bitcoin price dropped by nearly 8% at its lowest point and dropped from around $71,000 to $65,000 during the day.

However, the situation is not very encouraging on the liquidation side. In the last hour, $63 million worth of liquidation took place in the cryptocurrency market. $58 million of these were in long positions.

Graph showing the liquidations experienced in the last hour.

Among the most liquidated cryptocurrencies, Bitcoin took the lead with $6.74 million, Solana with $5.26 million, Ethereum with $5.20 million, and Dogecoin with $2.92 million.

*This is not investment advice.

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