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$608.90 0.19362
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$126.49 0.42588
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Bitcoin
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$85,099.00 2.07237
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Ethereum
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$1,910.76 3.59613
Ethereum price
BNB
BNB (BNB)
$608.90 0.19362
BNB price
Solana
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$126.49 0.42588
Solana price
XRP
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$2.13 0.72785
XRP price
Shiba Inu
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$0.0000127 1.77078
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Pepe
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$0.0000077 6.50025
Pepe price
Bonk
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$0.0000118 5.04836
Bonk price
dogwifhat
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$0.423053 -0.50575
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Popcat
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$0.191353 0.36875
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Bitcoin
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$85,099.00 2.07237
Bitcoin price
Ethereum
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$1,910.76 3.59613
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BNB
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$608.90 0.19362
BNB price
Solana
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$126.49 0.42588
Solana price
XRP
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$2.13 0.72785
XRP price
Shiba Inu
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$0.0000127 1.77078
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Pepe
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$0.0000077 6.50025
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Bonk
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$0.0000118 5.04836
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dogwifhat
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$0.423053 -0.50575
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Popcat
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$0.191353 0.36875
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Bitcoin
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$85,099.00 2.07237
Bitcoin price
Ethereum
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$1,910.76 3.59613
Ethereum price
BNB
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$608.90 0.19362
BNB price
Solana
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$126.49 0.42588
Solana price
XRP
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$2.13 0.72785
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000127 1.77078
Shiba Inu price
Pepe
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$0.0000077 6.50025
Pepe price
Bonk
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$0.0000118 5.04836
Bonk price
dogwifhat
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$0.423053 -0.50575
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$0.191353 0.36875
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Crypto liquidations surpass $1 billion as the market plunges

Dorian Batycka
Edited by
News
Crypto liquidations surpass $1 billion as the market plunges

Crypto liquidations have surpassed the $1 billion mark less than 24 hours after the market took a red dive.

According to data provided by Coinglass, the total cryptocurrency liquidations reached $1.05 billion over the past 24 hours as the global crypto market capitalization declined. Data shows that the majority of the liquidations come from long positions, defying traders’ expectations of a further bull run at this point. 

Crypto liquidations surpass $1 billion as the market plunges - 1
Crypto liquidations – March 6 | Source: Coinglass

Moreover, $797 million in long and $257 million in short positions have been liquidated across all exchanges over the past day, according to Coinglass. 

Bitcoin (BTC) alone witnessed $309 million in liquidations — $211 million in long and $98 million in short positions. 

Notably, the flagship digital currency reached a new all-time high of $69,170 on March 5. Following the rally, traders withdrew their trading positions, worth more than $142 million, in just one hour after Bitcoin reached a new peak.

Recently, one trader liquidated $1.04 million in BTC on Bybit as the asset’s price rebounded to $66,500, according to the data aggregator.

Per Coinglass, Binance is leading the chart with $403 million in liquidations followed by OKX and Bybit with $366 million and $106 million in liquidations in the past 24 hours, respectively. 

Coinglass data shows that the total open interest declined by 0.65% as the crypto market faces correction — currently hovering around $67 billion.