In a plot twist that would make even the most seasoned investor queasy, the crypto world has just seen a colossal $2.21 billion go up in digital smoke, according to the always cheerful folks at CoinGlass.
It seems like long positions were the real party poopers here, accounting for a jaw-dropping $1.87 billion of the vanish act. 🎩
Binance, the global trading playground, takes the crown for the most liquidations. Who knew playing with digital money could be so… damp?
The Ripple sidekick, XRP, has taken a nosedive of nearly 25% in the last day, making it the most abysmal performer in the crypto top 10, right alongside the ever-loyal Dogecoin (DOGE) and Cardano (ADA). It’s like the three musketeers of market mayhem.
Ethereum (ETH) and BNB have also joined the losing party, chalking up double-digit losses. Because who doesn’t love a good ol’ fashioned crypto bloodbath?
In a stunning display of unity, not a single cryptocurrency in the top 100 managed to stay afloat. It’s like the Titanic, but with digital coins.
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2025-02-03 08:58