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02/05 16:07

$2.2 Billion Wiped Out as XRP and Other Altcoins C

$2.2 Billion Wiped Out as XRP and Other Altcoins Collapse



According to data provided by crypto analytics platform CoinGlass, a whopping $2.21 billion worth of crypto has been liquidated over the past 24 hours. 



Long positions account for the overwhelming majority of the wipeout ($1.87 billion). 


Global trading platform Bina is first based on the amount of liquidations.  


The Ripple-affiliated XRP token is down nearly 25% over the last 24 hours, becoming the worst-performing cryptocurrency in the top 10 alongside Dogecoin (DOGE) and Cardano (ADA).


 

Some other major tokens, including Ethereum (ETH) and Bina, have also recorded double-digit losses. 


Apart from stablecoins, not a single top 100 cryptocurrency is in the green. IMG-20250205-WA0037.jpg

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