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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/03/2026

Crypto Bulls Lose $1.6 Billion as ETH, SOL, DOGE Drop 9%

What happened: Bullish traders faced $1.

Crypto Bulls Lose $1.6 Billion as ETH, SOL, DOGE Drop 9%

What happened: Bullish traders faced $1.6 billion in liquidations as Ethereum, Solana, and Dogecoin each fell by approximately 9%. The largest single liquidation was a $59.67 million BTC-USDT long position on HTX.

Why it matters: The rapid unwinding of leveraged positions highlights the risks inherent in volatile markets. Such large-scale liquidations can exacerbate price swings and may deter risk-averse investors. The scale of losses also points to continued high leverage and speculative activity in the crypto sector.

Source: CoinDesk