The cryptocurrency market experienced significant liquidations amounting to $1.5 billion following a dip in Bitcoin's value below $95,000.
This event affected approximately 514,400 traders, predominantly impacting long positions with a total of $1.38 billion liquidated.
Short positions were not spared, with $136.7 million liquidated during this downturn.
Source: www.theblockcrypto.com ↗