April 26, 2024

Over 340,000 traders lost all their money during the correction

Over 340,000 traders lost all their money during the correction

The panic intensified after Elon Musk announced thatTesla will stop accepting Bitcoin.

At the time of writing, the crypto market capitalization is $ 2.28 trillion. In 24 hours, it decreased by $ 200 billion, or 9.5%.

During the day, exchanges liquidated the positions of more than 342,000 traders.The largest one-time liquidation occurred on Huobi-BTC - $38.7 million.In total, exchanges liquidated positions worth more than $3.5 billion per day.

Over 340,000 traders lost all their money during the correction

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Based on materialsnairametrics.com