Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone.
91,000 Crypto Traders Lose $282 Million Amid Bitcoin Crash
Data from Coinglass has shown that tens of thousands of crypto traders have lost their leverage positions in the last