Ethereum

Solana

Pepe

Bitcoin

Dogecoin

<div class="dailyhodl">
 <p>Leverage traders are seeing red after Bitcoin (BTC) suddenly plummeted below $58,000, dragging altcoins down with it.</p>
 <p>According to crypto data aggregator Coinglass, over $448,490,000 in liquidations have occurred in the last 24 hours – more than 84% from leveraged longs.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 <p>Leading exchange OKX hosted the largest amount of liquidations at $171.28 million, followed by $170.43 million on Binance, the world’s top exchange, $45.09 million on Huobi and $37.22 million on Bybit.</p>
 <p>Coinglass reveals that during the last day, $167.43 million worth of Bitcoin was liquidated, the overwhelming majority of them being long positions. Coinglass also finds that $115.48 million worth of the leading smart contract platform Ethereum (ETH) has been liquidated during the same time frame.</p>
 <p>Other prominent digital assets that saw large liquidations include ETH rival Solana (SOL) at $17.01 million and two popular meme assets Dogecoin (DOGE) at $13.56 million and Pepe (PEPE) at $6.61 million.</p>
 <p>The largest single liquidation order happened on OKX in the ETH/USDT pair for a value $6.07 million, according to Coinglass.</p>
 <p>Bitcoin plummeted from a high of $61,335 to a low of $56,757 in the past 24 hours. Bitcoin has slightly recovered at time of writing and is trading for $57,429, down more than 6% in the last 24 hours.</p>
 <p>Solana is trading for $123 at time of writing, down nearly 5% in the last 24 hours. Meanwhile, DOGE is trading for $0.12 at time of writing, down nearly 9% in the last 24 hours. PEPE is trading for $0.00000619 at time of writing, down 8.6% in the last 24 hours.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/over-448-000-000-in-bitcoin-ethereum-solana-dogecoin-and-other-coins-liquidated-as-btc-crashes-below-58-000-tbt87229.html">https://thebittimes.com/over-448-000-000-in-bitcoin-ethereum-solana-dogecoin-and-other-coins-liquidated-as-btc-crashes-below-58-000-tbt87229.html</a></p>

Over $448,000,000 in Bitcoin, Ethereum, Solana, Dogecoin and Other Coins Liquidated As BTC Crashes Below $58,000

TheBitTimes

Other articles published on May 2, 2024

Bitcoin Whales Caught in the Dip: Opportunities on the Horizon?

Critical Levels to Watch in Bitcoin (BTC) Amid Market Uncertainty: Don’t Miss Out!

Bitcoin exchange-traded funds, nations, and businesses are worth $175 billion, according to VanEck.

7 Best ICO To Invest in 2024 For Explosive Wealth – Darklume Takes the Lead in VR Innovation

Cryptocurrency Immutable Up More Than 10% In 24 hours

Peter Schiff Criticizes Bitcoin Investors

Join our free newsletter for daily crypto updates!