$540 million worth of Ethereum (ETH) liquidated as ‘shorts’ punished

The global crypto market cap is $2.2 trillion with a 24-hour volume of $237.86 billion. The price of Bitcoin is $54,133.45 and the BTC dominance is at 46.0%.

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by Shaurya Malwa

Over $542 million worth of Ethereum (ETH) positions were liquidated last night on the back of the asset reaching all-time highs, data from markets tool Bybt showed.

139,079 traders were liquidated in all, while the largest single liquidation order happened on was an ETH trade for $74.5 million on crypto exchange Huobi.

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