Crypto markets liquidated $3.5B in leveraged positions while adding $280B in market cap over 24 hours.
DeFi & Yields ·
Crypto markets experienced $3.5 billion in liquidated leveraged positions over 24 hours while simultaneously gaining $280 billion in total market capitalization, representing an addition of approximately $12 billion per hour throughout the period. The liquidation event ranks among the seventh largest in recorded history.