$100M Liquidations: BTC, ETH, SOL, and XRP Drop

The cryptocurrency market faced a sharp correction, leading to large-scale liquidations. According to data from the analytics platform Coinglass, long positions worth over $100 million were liquidated in just one hour.

Key assets showed significant price drops, breaking through important support levels.

• Bitcoin (BTC) dropped below the $77,000 mark
• Ethereum (ETH) traded below $2,250
• Solana (SOL) fell below $95
• Ripple (XRP) dropped below $1.25

Mass liquidations indicate high volatility and increasing risks for leveraged traders. Analysts emphasize the need for caution under current market conditions.