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Crypto Selloff Triggers $325 Million in Leveraged Long Liquidations

Bitcoin, Ether, BNB, Solana and XRP each fell below key price levels during the sharp market decline.

By Enna Lee
Published
Mentioned assets
Metal token stacks beside a row of lowered trading levers / TokenPost.ai
Metal token stacks beside a row of lowered trading levers / TokenPost.ai

Crypto markets saw $325 million in leveraged long positions liquidated within 30 minutes as major digital assets fell below key price levels.

Bitcoin (BTC) dropped below $82,000 during the selloff, while Ether (ETH) fell under $2,500. BNB also moved below $750.

Solana (SOL) declined beneath $110, and XRP fell below $1.40. The moves placed several of the market’s largest tokens below closely watched price thresholds at the same time.

Leveraged long positions are trades that use borrowed funds to bet on higher prices.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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