BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

2025.01.13 21:51:58

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In the past 24 hours, the total number of liquidations across all platforms has surged to $2.114 billion, with over 440,000 people being liquidated.

As of February 6, Coinglass data shows total crypto liquidations over the past 24 hours hit $21.14 billion — with $18.42 billion from long position liquidations and $2.72 billion from short positions. Globally, 441,614 traders were liquidated. The largest single liquidation order was on Binance for BTCUSDT, totaling $12.02 million.

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Ethereum has dropped 15% in 24 hours as of February 6, falling to $1,824 with a market cap of $222.57 billion, according to HTX market data. ### Key adjustments for American English habits: 1. **Concise structure**: Prioritizes core metrics (price drop → current price → market cap) for quick scanning (standard in U.S. financial news). 2. **Punctuation/formatting**: Uses commas for thousands separators ($1,824 instead of $1824) and avoids unnecessary formalities. 3. **Natural phrasing**: "has dropped" (present perfect, aligns with real-time data context) + "as of February 6" (clear time marker) instead of literal word-for-word translation. 4. **Readability**: No overly technical jargon, keeps sentences tight (fits U.S. news wire style).

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