Nearly $1 Billion Crypto Bets Liquidated

Nearly $1 billion in cryptocurrency bets were liquidated as bitcoin, ether, and XRP prices slid Thursday. Ether accounted for nearly 60% of forced closures, with about $286 million in liquidations as the token fell more than 6% to roughly $2,350. Bitcoin declined about 3% to around $81,000, while losses spread to smaller tokens including Solana, dogecoin, and Zcash.