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The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency
The liquidation rate has been $ 904.64 M in the last 24 hrs. 19.6 K BTC was liquidated which values around 430 M. The number of traders involved in liquidation has increased exponentially in this bear market situation. The long-term traders have also seemed to have lost hope in crypto.
An unknown wallet holding 20M LUNA is accounted to be Kwon’s. Terra Revival Plan voting poll seems to have been compromised. The allegations on Do Kwon seem to be never-ending, $80M transfer to a secret wallet, $2.7B cash out, blockchain halt planning, stablecoin recursion, and much more. The recent clarification
