Security
Crypto Liquidations Reach $400 Million as Binance Hack Pressures Bitcoin, Ethereum and Solana
Crypto liquidations reached $397.74 million in 24 hours, with 91,383 traders hit and longs making up 76.8%. Binance lost about $6.3 billion in a hot wallet hack, and about $3 billion has been frozen. Bitcoin traded near $77,000, about 38.8% below its record high.
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