Bitcoin Volatility Explodes as Liquidations Top $800 Million
- —Daily liquidations reached $810 million, 85% of them longs
- —The number of liquidated traders hit 173,611
- —The largest single liquidation, worth over $9.6 million, occurred on Binance
- —ETH fell to $2,410 and XRP to $1.31, down more than 3% in 24 hours
Why it matters: Sharp swings and heavy long liquidations highlight market fragility ahead of the US CPI release.
Source: CryptoPotato