Crypto market liquidations totaled $2.98 billion over the past 24 hours, making it the eighth-largest liquidation event in the market’s history, according to monitoring data cited by PANews. The update said 174,350 traders were liquidated during the period. The figures were attributed to Lookonchain, which tracked the liquidation activity. PANews published the report on Aug. 20 and noted that the information was provided for market reference only and did not constitute investment advice. No additional details on exchanges, assets, or position breakdowns were disclosed in the source material.
Crypto liquidations reached $2.98 billion over the past 24 hours, with 174,350 traders liquidated, according to Lookonchain data cited by PANews. The report said the latest wave ranks as the eighth-largest liquidation event in crypto market history.
PANews published the update on Aug. 20. The original report added that the information was for market reference only and did not constitute investment advice.
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