The crypto markets are in chaos again, and the liquidations have skyrocketed to over $600 million in the past 24 hours.
It’s safe to say that the crypto industry has seen better days. Aside from projects and hedge fund failures looming in, the prices have tumbled, and the past 24 hours brought only more pain. As such, the value of liquidations and the number of wrecked traders are on the rise again.
The alternative coins have suffered even more, with multiple double-digit losses evident from the likes of ETH, AVAX, BNB, and more. Ethereum, in fact, also lost a round-numbered milestone, dropping below $1,000.
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