TLDR Crypto · MARKETS & BUSINESS

TONCOIN AND ETHER LEAD DOWNTURN AMID SURGE IN CRYPTO LONG LIQUIDATIONS

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Toncoin and Ethereum have led a downturn in the crypto market, with Toncoin seeing a 20% decline following the arrest of CEO Pavel Durov. The crypto market overall saw over $144M in long liquidations within 24 hours, heavily impacting these two cryptocurrencies amid broader market corrections.