More than 230,000 investors were impacted by the wave of liquidations that started when Bitcoin and altcoins began to decline. BTC was responsible for the majority of the $222.1 million liquidations. The majority of the liquidated positions, totaling around $181.8 million, were long positions. Ethereum (ETH), the altcoin king, also saw a substantial decline, with $163.4 million in liquidations, most of which ($143.3 million) were long positions. The price of Ethereum dropped significantly by 10.57% to $2,890.
