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A Billion-Dollar Crypto Liquidation Erupts in 24 Hours, Plunging Markets and Igniting Transparency Debates

Coinedition LogoCoinedition12h ago

A Billion-Dollar Crypto Liquidation Erupts in 24 Hours, Plunging Markets and Igniting Transparency Debates - Coinedition

Quick Summary:

The cryptocurrency market faced a large-scale sell-off, with over $1.08 billion in leveraged positions liquidated in the past 24 hours.  Traders betting on price increases lost nearly $498 million, while those in short positions accounted for $583.93 million.

Ethereum (ETH), XRP, Cardano (ADA), and Solana (SOL) saw significant liquidations, rattling many crypto investors.

Major Liquidations […]

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A Billion-Dollar Crypto Liquidation Erupts in 24 Hours, Plunging Markets and Igniting Transparency Debates - Coinedition (Picture 1)

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 14:00:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26663326

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "A Billion-Dollar Crypto Liquidation Erupts in 24 Hours, Plunging Markets and Igniting Transparency Debates" has 137 words across 48 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "A Billion-Dollar Crypto Liquidation Erupts in 24 Hours, Plunging Markets and Igniting Transparency Debates" was covered 12 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 15 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26663326
  • URL: https://beamstart.com/news/a-billion-dollar-crypto-liquidation-17410987262610

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