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Dammy39
Dammy39
The crypto market is undergoing a round of deleveraging. In the past 24 hours, the total network liquidation amount is about $1.19 billion: 🔹 ETH liquidations about $356 million 🔹 BTC liquidations about $298 million Among them, long position liquidations exceed $1 billion. Interestingly, ETH's market cap is less than one-fifth of BTC's, yet the liquidation amount is higher. Adjusted by market cap proportion, the liquidation impact on ETH is about 6 times that of BTC, indicating.

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