The broader cryptocurrency market has experienced liquidations totaling $279 million in the last 24 hours, with top altcoins such as Solana, XRP, and Dogecoin being the most affected. Solana saw $37.11 million in liquidations, with long-position traders losing $31.01 million. XRP had a total liquidation of $10.71 million, with long positions losing $8.36 million. Dogecoin experienced a total liquidation of $8.51 million, with long position traders losing $6.94 million. The decline in price action for these assets on the crypto market contributed to the liquidations. Binance was responsible for the highest amount of liquidations at $104.03 million, followed by Bybit, OKX, and Gate.io. Experts attribute the severe liquidations to price resistance on Bitcoin.



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