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AS-Iran Tensions Escalate, Rp11.1 Trillion in Crypto Liquidated from Hundreds of Thousands of Traders
A total of 172,853 traders were liquidated with total losses of US$681.8 million or Rp11.1 trillion in the last 24 hours, with 87% coming from long positions. This occurred after the United States attacked Iran's main nuclear site, Sunday (22/06).
Ether suffered the largest loss with a liquidation of US$282 million after the token fell 6% to US$2,200. This was followed by Bitcoin with US$151 million.
Solana, XRP, and Dogecoin also suffered significant losses, amounting to over US$22 million. Nonetheless, the crypto market is slowly recovering from the losses with Bitcoin holding at the level of US$102,500 after briefly falling below US$102,000. Then XRP slightly rose to US$2.07 from US$2.03.
Ethereum, as the most popular crypto with the largest losses, also started to rise to $2,273 from $2,230. Solana followed suit, rising to $134 from $132.05, and Dogecoin increased to $1.561 despite having fallen to $0.152.