As the broader market continues to see bearish signs, Bitcoin took a sudden drop by over $1,000. Following this plunge, liquidations skyrocketed to over $400 million on a daily scale. Moreover, they are north of $200M in the past hour alone, as BTC and the altcoin field dumped suddenly. Coinglass data also shows that the total traders wrecked are almost 150,000 with the single-largest liquidated order happening on Binance involving Ethereum (ETH).