The liquidations happened as crypto prices tumbled as the fight between Israel and Hamas and rising turmoil in the region jolted investors, weighing on risk assets. The largest digital asset, bitcoin (BTC), was down over 2% before climbing back to $27,600. At one point, ether (ETH) slid almost 5% and large-cap cryptocurrencies solana (SOL), Polygonโs native token (MATIC) and Polkadotโs (DOT) endured 6% to 7% declines. They rebounded some later.
Crypto Liquidations Total Over $100M as Bitcoin (BTC), Ether (ETH) Prices Drop
