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Over $2.24 billion got liquidated from the crypto markets in the last 24 hours in the middle of growing geopolitical unpredictabilities spurred by the global tariff war. Ether was in the leading Over the past 24 hours, $715 million worth of assets have been liquidated from the cryptocurrency market. The largest liquidations occurred on the Binance exchange, where the amount On Dec. 19, approximately $1.02 billion was liquidated from the crypto market within 24 hours, of which around $856.66 million was long positions, according to The cryptocurrency market has experienced significant volatility in the past 24 hours, with liquidations surpassing $1 billion. Bitcoin briefly fell below $100,000, retreating from its near all Hace 23 horas Bitcoin and Ethereum lead $724M in 24-hour crypto liquidations. Crypto market cap drops to $3.33 trillion after sharp price dip. Thousands of traders liquidated amid high

$715M Liquidated from Crypto Market in 24 Hours: What\'s Happening?

The cryptocurrency market experienced a turbulent 24 hours, with approximately $715 million liquidated from the market. This significant downturn echoes recent volatility, including a previous instance where over $1 billion was wiped out in a single day. Understanding the factors behind these liquidations is crucial for investors and anyone following the crypto space.

While some sources cite even larger figures – with reports of Over $2.24 billion getting liquidated due to growing geopolitical unpredictabilities and global tariff wars – the consistent theme is heightened market volatility. Other instances, such as the $1.02 billion liquidation on Dec. 19, show that these large-scale events are not isolated incidents.

Binance saw the largest liquidations, emphasizing its prominent position in the crypto trading landscape. Bitcoin and Ethereum often lead these liquidation events, as demonstrated by reports highlighting "Bitcoin and Ethereum lead $724M in 24-hour crypto liquidations." This indicates their sensitivity to market fluctuations and their widespread use in leveraged trading.

The fluctuating prices trigger mass liquidations, impacting even established cryptocurrencies. Events in the past showed Bitcoin briefly falling, causing panic and cascading liquidations, although some sources reported Bitcoin reaching near $100,000, showing volatility of varied extremes.

Thousands of traders were liquidated amid this high volatility, highlighting the risks associated with leveraged trading. The overall crypto market cap can drop substantially during these periods, as seen when the market cap fell to $3.33 trillion following a sharp price dip.

Staying informed about market trends, geopolitical factors, and exchange-specific liquidation events is essential for navigating the volatile cryptocurrency market and mitigating potential losses. Keeping track of the specific coins being liquidated (like Ether) can give you additional signals. Over the past 24 hours, $715 million worth of assets have been liquidated from the cryptocurrency market.

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