A terrifying night: $BTC fell below $80,500. Across the crypto market, $1.19 billion was liquidated in 24 hours, affecting nearly 193,000 people. Long positions accounted for $1.056 billion.
$ETH was among the hardest hit. On Hyperliquid, a single ETH liquidation order worth nearly $20 million set a new record for this market cycle.
The good news: prices rebounded slightly this morning, with BTC back above $81,500 and ETH near $2,480. But volatility is still high, so leveraged traders should take it easy over the next few days.
Not investment advice; for reference only.
#BTC #ETH #Liquidations
$ETH was among the hardest hit. On Hyperliquid, a single ETH liquidation order worth nearly $20 million set a new record for this market cycle.
The good news: prices rebounded slightly this morning, with BTC back above $81,500 and ETH near $2,480. But volatility is still high, so leveraged traders should take it easy over the next few days.
Not investment advice; for reference only.
#BTC #ETH #Liquidations