According to recent data from Coinglass, the cryptocurrency market experienced significant volatility on December 10th, with a staggering total liquidation value of $17.16 billion recorded within a 24-hour period. Of this figure, altcoins accounted for a substantial $12.96 billion in liquidations, indicating a heightened level of risk among these digital assets. In contrast, Bitcoin (BTC) witnessed liquidations amounting to approximately $1.78 billion, while Ethereum (ETH) faced liquidations totaling $2.41 billion. This data underscores the ongoing fluctuations in the crypto market, reinforcing the importance for investors to remain vigilant and informed about potential risks associated with liquidations and market dynamics.
Source: https://en.coinotag.com/breakingnews/ethereum-and-altcoins-lead-17-16-billion-in-24-hour-liquidations-while-btc-sees-1-78-billion/
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