Silver's 35% plunge ends up beating bitcoin in a rare crypto liquidation shock
Yahoo Finance·2026-01-31 07:47

Tokenized silver futures recorded the largest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a pullback in precious metals spilled into commodities-based crypto futures. According to CoinGlass data, 129,117 traders were liquidated in the past day, with total losses reaching $543.9 million. Tokenized silver contracts led the wipeout, with roughly $142 million in liquidations tied to products tracking silver pric ...