The fall in the cryptocurrency market resulted in the liquidation of traders in 24 hours amounted to about $1.24 billion.
According to Coinglass, most of the liquidated positions came from bitcoin – $600 million. On Ethereum, the total amount liquidated was just under $480 million.
The largest single liquidation order was placed on BitMEX – it was a perpetual XBTUSD contract with a face value of $4.4 million.