Losses exceeded $1.2 billion in the past 24 hours, the highest so far this year. They came as major cryptocurrencies saw steep drops: Bitcoin fell 11%, BNB Chainโs BNB lost 26%, and Solanaโs SOL lost 37%. Terraโs LUNA fell out of the top ten cryptos by market capitalization to the 81st rank โ it fell 96% in the past 24 hours to under 40 cents.
Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
