🚨 **LIQUIDATION STORM SWEEPS THE MARKET: MORE THAN $356 MILLION EVAPORATES AS BITCOIN BREAKS BELOW $80,000**
A violent storm hit the crypto derivatives market over the past 24 hours. Bitcoin ($BTC )'s sudden slide below the crucial psychological support level of $80,000 triggered a massive wave of liquidations, wiping out a total of more than $356 million in traders' positions.
In this “purge,” bullish traders (Longs) suffered the heaviest losses, taking a hit of $207.7 million and making the past trading day one of the bloodiest sessions in recent times.
📊 **Brief analysis of the market impact:**
BTC's loss of the 80.
A violent storm hit the crypto derivatives market over the past 24 hours. Bitcoin ($BTC )'s sudden slide below the crucial psychological support level of $80,000 triggered a massive wave of liquidations, wiping out a total of more than $356 million in traders' positions.
In this “purge,” bullish traders (Longs) suffered the heaviest losses, taking a hit of $207.7 million and making the past trading day one of the bloodiest sessions in recent times.
📊 **Brief analysis of the market impact:**
BTC's loss of the 80.
