USD 9.9bn worth of trading positions in the crypto derivatives market were liquidated in the past 24 hours as the crypto market experienced a sharp selloff on Sunday.
More than USD 5bn of them are positions in bitcoin (BTC).
At around 03:00 UTC, BTC dropped from USD 59,000 to below USD 53,000, or the most in almost two months, before rebounding. At 08:18 UTC,