#Liquidations
⚡️ Crypto market rollercoaster: Over $800M in liquidations in 24 hours!
Bitcoin continues to test traders' nerves. In the last few hours, $BTC dipped below $81,000 (hitting a local low of $80,850) before rapidly recovering to $83,500.
📊 Market highlights:
Liquidation wave: Over $810 million worth of positions were wiped out in 24 hours. More than 85% of these were long positions.
Affected traders: Over 173,000 traders saw their positions liquidated. The largest single liquidation occurred on Binance—a massive $9.6 million.
Altcoins follow suit: $ETH dropped to $2,410 but recovered above $2,500. $XRP fell 3% over the last day and is trading around $1.36.
The market remains extremely volatile. Stick to risk management and avoid high leverage! 📉📈
⚡️ Crypto market rollercoaster: Over $800M in liquidations in 24 hours!
Bitcoin continues to test traders' nerves. In the last few hours, $BTC dipped below $81,000 (hitting a local low of $80,850) before rapidly recovering to $83,500.
📊 Market highlights:
Liquidation wave: Over $810 million worth of positions were wiped out in 24 hours. More than 85% of these were long positions.
Affected traders: Over 173,000 traders saw their positions liquidated. The largest single liquidation occurred on Binance—a massive $9.6 million.
Altcoins follow suit: $ETH dropped to $2,410 but recovered above $2,500. $XRP fell 3% over the last day and is trading around $1.36.
The market remains extremely volatile. Stick to risk management and avoid high leverage! 📉📈