@Today 23 May 2022

Since the digital asset plunged from $40,000, it has seen significant liquidations. Long liquidations commanded the majority, with hundreds of thousands of traders seeing their positions liquidated. However, since the cryptocurrency's price has began to stabilize around $30,000, liquidations have begun to stabilize as well. As a result, one of the lowest liquidation volumes in the previous two weeks has occurred. Liquidations total $128 million.