COAI Liquidation Hits $29.8M: A Look at the Impact

Cryptocurrency market activity saw a significant shift recently as COAI experienced a major liquidation event. Over a 24-hour period, COAI witnessed $29.8 million in liquidations across major exchanges like Binance, FTX, and OKX. This places COAI fourth among the most liquidated assets after Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This action is attributed to the heightened leveraged trading activity seen in crypto markets, impacting both COAI’s standing and other prominent cryptos like BTC, ETH, and SOL.