May 17, 2025

Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down

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The post Crypto Traders Lose $600M in 24 Hours With Bitcoin Dragging Crypto Market Down appeared first on Coinpedia Fintech News The Bitcoin crash recently has dragged the entire crypto market down, with over $300 billion erased from the total capitalization since July 3. In the last 24 hours, over 230,000 crypto traders lost more than $660 million in long-squeeze liquidations. The long squeeze affected 233,088 traders, and Binance‘s ETH/USDT pair had the largest order, with …

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