XRP, Ether and Solana Hit by $369M Crypto Liquidation Wave
Market / Price
XRP, Ethereum and Solana came under heavy selling pressure as the cryptocurrency market suffered a $369.67 million derivatives liquidation wave, driven by rising oil prices, surging Treasury yields and growing expectations of a Federal Reserve rate hike. More than 90,000 leveraged traders had positions liquidated, according to CoinGlass data.
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