Over $521,000,000 in crypto liquidated in just 24 hours as Ethereum (ETH) plummets to 14-month low
Data from Coinglass shows that more than $521 million worth of crypto positions have been obliterated in the last 24 hours. Over $443 million worth of long positions were wiped out over the past day. $86 million worth of short positions were decimated in the same timeframe.
As bears take control of the crypto markets, Coinglass reveals that Ethereum traders witnessed heavy losses between June 11th and June 12th to the tune of 168,000 ETH worth nearly $245 million.