The crypto market surpassed $1.5 billion in leveraged liquidations over the past 24 hours, setting a new record, according to Coinglass data . The previous record was set last week on Dec. 5 when the industry recorded $1.1 billion in liquidations. Ethereum suffered the most liquidations, at $250 million, followed by Bitcoin with $171 million. Dogecoin, XRP, and Solana took the remaining spots in the top five, with $95 million, $75 million, and $53 million, respectively. A total of 552,248 traders were liquidated, with the largest single liquidation order being placed on Binance for an ETH/USDT trade worth $19.69 million. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io