JUST IN: Over $1.8 billion worth of crypto long positions were liquidated in the past 12 hours.
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JUST IN: Crypto markets experienced $3 billion worth of liquidations in the past 12 hours.
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JUST IN: The cryptocurrency market has seen more than $550 billion wiped off its total capitalization in just seven hours after Trump announced increased tariffs on China.
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JUST IN: The odds of Bitcoin hitting $130,000 in October have fallen to 24% on Polymarket.
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JUST IN: Several of the top 100 cryptocurrencies by market capitalization have plummeted more than 40% in the past hour.
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JUST IN: Binance reports that high load on its systems from heavy market activity may cause intermittent delays or display issues for some users.
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JUST IN: Hyperliquid's HLP has generated more than $40 million in profits over the past 24 hours.
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JUST IN: The ATOM/USDT trading pair on Binance suffered a flash dump to $0.001 during a market crash.
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JUST IN: Ethena Labs confirms that the mint and redeem functionality has remained fully operational throughout with no downtime, and USDe continues to be overcollateralized.
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JUST IN: Coinbase is implementing a fix for transaction issues related to latency or degraded performance.
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JUST IN: Kamino confirms that, despite unprecedented price action, its users incurred a total of $0 bad debt, and the liquidation engine performed exactly as expected.
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JUST IN: Coinglass reports that its website was hit by a large-scale proxy attack earlier today, blocking users from viewing crypto liquidation data.
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JUST IN: Cobie describes the recent plunge in altcoins as one of the most severe flushes he's witnessed, expressing surprise at the extent of leverage involved and suggesting a major player was hit hard, with a potential large fallout emerging soonβreminiscent of summer 2021.
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JUST IN: Hyperliquid generated $20 million in fees over the past 24 hours.
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JUST IN: According to CoinGlass data, over $19 billion worth of crypto liquidations have taken place in the past 24 hours.
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JUST IN: Crypto liquidations on Hyperliquid in the past 24 hours have surpassed $10 billion, according to Coinglass data.
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JUST IN: Coinglass reports that the largest liquidation event in cryptocurrency history occurred today.
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JUST IN: Helius CEO Mert stated that the recent market dump was even greater than the COVID one, yet Solana performed remarkably well.
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