Crypto Market Flash Crash, Over $70 Million Liquidated in Less Than 1 Hour

BlockBeats News, April 27th, following Bitcoin's rapid plunge below $78,000, Ethereum dropped over 2.4% in nearly 1 hour, leading to a swift liquidation in the crypto market. According to Coinglass data, liquidations across the network amounted to nearly $70 million in about 1 hour, with long positions liquidated totaling $68.32 million.