Roughly $71.2 million in leveraged crypto positions were wiped out over the past 24 hours, underscoring how quickly pockets of volatility can spill into forced selling even as benchmark assets trade relatively calmly. Data compiled by CoinGlass shows Bitcoin (BTC) and Ethereum (ETH) contributed a combined $33.6 million in liquidations—$17.28 million and $16.35 million, respectively—while a sharp dislocation in XPL drove the single largest flush, with $27.81 million erased.
$71 Million Crypto Liquidations Hit as XPL Leads Volatility Spike
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