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News Explorer — Crypto Market Rebound Triggers $92 Million in Liquidations

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Jun 25, 11:49 pm
Decrypt

Crypto Market Rebound Triggers $92 Million in Liquidations

The crypto market experienced a modest rebound on Tuesday, with most top 100 coins seeing gains. However, this upward movement resulted in over $92 million in liquidations, with $62 million in short positions. Bitcoin and Ethereum saw price increases of 2.7% and 1.8% respectively, but even optimistic traders faced turbulence, with $30.6 million in long positions liquidated.

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