According to CoinMeta, in the past 5 hours, over $1.3 billion in leveraged long positions in cryptocurrencies were liquidated. This event occurred after Binance was attacked by hackers, resulting in an estimated loss of about $5.7 billion in cryptocurrencies, making it the largest hacking incident in the history of crypto. The price of Bitcoin fell below $77,000, Ethereum dropped below $2,215, and other cryptocurrencies also continued to decline.