Sunog Na Naman! Crypto Liquidations Surge Past $682M as Bitcoin Falls Below $101K

Sunog Na Naman! Crypto Liquidations Surge Past $682M as Bitcoin Falls Below $101K

The cryptocurrency market faced a wave of liquidations totaling $682.08M over the past 24 hours, affecting 241,068 traders worldwide. Bitcoin led the losses, dropping nearly 5% to $101K, while altcoins like XRP, Cardano (ADA), and Litecoin (LTC) plunged around 10%. The largest single liquidationโ€”an ETH position worth $4.07Mโ€”occurred on Binance. What’s happening: This sell-off and…