Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%

Jun 3, 2026 - 09:30
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%
Crypto traders hoping the market would catch up to the global stock rally were left nursing tears on Wednesday as a sharp price drop triggered the largest liquidation event since early February. Roughly $1.84 billion in crypto leveraged positions were liquidated across the past 24 hours as bitcoin BTC$66,924.57 plunged below $66,000 and ether (ETH)...

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