Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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May / 01
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- Crypto Market Sees Sudden Liquidations Worth $286M
- May 01, 2024 at 01:09 am CoinGape
- The cryptocurrency market faced a significant decline in prices, leading to extensive liquidations. Over 99,000 traders faced liquidations totaling $286.26 million, with Bitcoin accounting for $69.2 million. Major exchanges witnessed heavy liquidations, with Binance recording the largest single liquidation. Underlying factors, including uncertainty surrounding Changpeng 'CZ' Zhao's sentencing and a slowdown in spot Bitcoin ETF hype, contributed to the market sell-off.
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