Bitcoin Slides Below $77K as 24-Hour Liquidations Hit $1.55B
- —BTC hit a low of $76,664, down 4.5% on the day
- —24-hour liquidations reached $1.55B, 86% of them longs
- —Largest single liquidation was $11.09M on Binance's BTC/USDT pair
- —Chainalysis pegged assets stolen in the hack at about $5.9B
Why it matters: The post-hack selloff is squeezing a heavily leveraged market; recovery hinges on Binance restoring confidence in security and client assets.
Source: Koin Bülteni