A lesson for late longs, $240M liquidated in just 1 hour! 🩸
The market is ruthlessly flushing out those jumping into long positions at local highs without managing their risk.
1-Hour Stats: Total liquidations hit nearly $250M, with $240.45M coming entirely from long positions.
Main Casualties: Traders holding BTC ($75M+) and ETH ($64M+) took the hardest hits.
Total 24-hour liquidations have already crossed the $504M mark. Manage your leverage carefully in a volatile market!
$BTC $ETH $DOGE