$2.5 billion liquidated in the last 24 hours
Bitcoin has fallen below $42,000 and now trades at $47,000, the market capitalization has shrunk by $400 billion to $2.2 trillion.
Due to the market correction, more than 396,000 traders were liquidated and positions for $2.5 billion were liquidated.
Distribution of liquidations:
- $697 million on Binance;
- $634 million on OKEx;
- $286 million on Deribit;
- $226 million on FTX;
- $200 million on Huobi.
