Forward from: Blockipedia
👇Bitcoin Plunges Below $78K – $2.51B in Longs Liquidated
In the past 24 hours, $2.4–2.5 billion worth of longs have been wiped out as Bitcoin dropped under $78,000.
📉Historical comparison:
• October 10 crash: $19.1B liquidated
• COVID crash: $1.2B
• FTX collapse: $1.6B
• Today’s crash: $2.51B
by 🏴Crypto Head
In the past 24 hours, $2.4–2.5 billion worth of longs have been wiped out as Bitcoin dropped under $78,000.
📉Historical comparison:
• October 10 crash: $19.1B liquidated
• COVID crash: $1.2B
• FTX collapse: $1.6B
• Today’s crash: $2.51B
👉This marks the 10th largest liquidation in crypto history.
by 🏴Crypto Head