Market Analysis
Neutral
Crypto Market Liquidations Reach $585 Million in 12 Hours, BTC Accounts for $260 Million

A recent report indicated that $585 million (approximately KRW 788 billion) in cryptocurrency liquidations took place over a 12-hour period. Bitcoin (BTC)-related liquidations amounted to $26 million (approximately KRW 277.5 billion), according to Odaily's coverage of the market data.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 가상자산 12시간 청산액 5억8500만달러…BTC 2억600만달러