Traders saw more than $387 million in liquidations as the cryptocurrency market declined 5% over the last day.
What Happened: According to data from CoinGlass, more than 115,000 traders were liquidated in the past 24 hours at the time of writing.
The token associated with the high throughput blockchain, Zilliqa (CRYPTO: ZIL), spiked over 103% to $0.20 over 24-hours leading up to Wednesday night.