Crypto Market Sees $1.68 Billion Liquidated in 24 Hours

The statement is strongly supported by a consensus of high-authority and highly relevant sources. Multiple independent and reputable news outlets, including a major international business publication (The Economic Times), a crypto-focused outlet (The Defiant), and a crypto data site (Decrypt), directly state that $1.68 billion in crypto positions were liquidated within a 24-hour period. Crucially, several of these sources explicitly attribute this data to CoinGlass, a specialized crypto derivatives data analytics platform, which is identified as the primary and most authoritative source for this specific figure. This clear attribution to a primary data aggregator significantly boosts the credibility of the claim.Further corroboration comes from other sources reporting a liquidation event of a similar magnitude (e.g., 'more than $1 billion'), confirming a massive sell-off occurred. While one source mentions a lower figure of '$1 billion', this is outweighed by the numerous sources that specifically cite the $1.68 billion number. The irrelevant sources concerning ETF flows or other technical documents do not detract from the weight of the supporting evidence. The overall evidence demonstrates a strong, consistent, and well-sourced claim.