Massive Crypto Crash Triggers $1.12B in Liquidations

The market has seen turbulence before, but this week’s crypto crash left a sting that many won’t forget. In just 24 hours, more than $1.12 billion worth of long and short positions were liquidated, shaking the confidence of traders worldwide. Bitcoin, Ethereum, and Solana bore the brunt of the sell-off as leveraged bets were wiped clean.