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Cryptopotato

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Image Credit: Cryptopotato

XRP, ADA, and SOL Tumble, Driving Liquidations Above $300M

  • The cryptocurrency market is experiencing a significant decline, with altcoins such as XRP, ADA, and SOL tumbling in price.
  • Bitcoin has also seen a drop to a two-week low, falling below $94,000.
  • Solana has experienced a particularly underwhelming performance, losing about 40% of its value compared to its January high.
  • The total value of liquidated positions has exceeded $300 million, with over 140,000 traders being affected.

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