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Crypto markets see $1.8B liquidations in 24 hours, biggest since February, with XRP marking 14 years milestone.

Market News
03 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Crypto markets experienced a massive $1.8 billion in liquidations within 24 hours, the largest single-day wipeout since February 5. Long positions accounted for $1.6 billion of the losses, reflecting a sharp selloff despite global stock markets hitting record highs. Major cryptocurrencies in the top 10 fell between 2% and 6%, showing significant downside pressure. Meanwhile, XRP celebrated 14 years since its code creation, marking a key milestone amid the market turmoil.

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