Source: Cointelegraph.com NewsCrypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.Read MoreTrading, Cryptocurrency Exchange, Decentralized Exchange, Exchanges, Bitcoin Trader, crypto market crash, liquidations, Bitcoin, Ether, BTC, ETH, Solana, global economy, crypto traders, Coinglass data