đš Crypto Liquidations Hit $174M in 24 Hours
The crypto derivatives market recorded approximately $174 million in liquidations over the past 24 hours, according to CoinGlass data.
đ Liquidation Breakdown:
* đŽ Short Positions: $103M
* đą Long Positions: $71.14M
With shorts accounting for the majority of liquidations, recent price action caught many bearish traders off guard. As volatility remains elevated, leveraged positions continue to face increased risk.
đ Stay cautiousârapid market swings can trigger liquidations on both sides with little warning.
The crypto derivatives market recorded approximately $174 million in liquidations over the past 24 hours, according to CoinGlass data.
đ Liquidation Breakdown:
* đŽ Short Positions: $103M
* đą Long Positions: $71.14M
With shorts accounting for the majority of liquidations, recent price action caught many bearish traders off guard. As volatility remains elevated, leveraged positions continue to face increased risk.
đ Stay cautiousârapid market swings can trigger liquidations on both sides with little warning.