🚨 🌍 CRYPTO MARKET
Over $1.3 billion in leveraged crypto longs liquidated in 5 hours; BTC below $77,000, ETH below $2,215
💡 Why it matters: When prices drop sharply, leveraged positions are closed automatically, and forced selling can push prices even lower. Fear after the reported Binance hack, estimated at $5.7 billion, could keep pressure on the market.
📊 Impact: $BTC ▼ · $ETH ▼
⚠️ Losers: Bitcoin, Ethereum, altcoins, leveraged traders
#Crypto #Liquidations
Over $1.3 billion in leveraged crypto longs liquidated in 5 hours; BTC below $77,000, ETH below $2,215
💡 Why it matters: When prices drop sharply, leveraged positions are closed automatically, and forced selling can push prices even lower. Fear after the reported Binance hack, estimated at $5.7 billion, could keep pressure on the market.
📊 Impact: $BTC ▼ · $ETH ▼
⚠️ Losers: Bitcoin, Ethereum, altcoins, leveraged traders
#Crypto #Liquidations
