#$1.5BInLeveragedCryptoBetsLiquidated
💥 $1.5B in Leveraged Crypto Bets Wiped Out
📊 Total liquidations hit about $1.53B in 24 hours, per CoinGlass data cited by CoinDesk
📉 Longs took roughly 84% of the damage, about $1.3B
⏱️ Around $1.37B of it hit in just 12 hours
🟠 BTC positions lost about $475M and ETH about $331M
👥 More than 243,000 traders were forced out
⚠️ BTC slid to about $76.3K, its lowest in weeks, and now trades near $77.9K
🔗 The sell-off came as Binance reported a security incident of about $6.3B, with around $3B frozen
What it means for crypto: crowded long leverage turned a headline shock into a fast flush. Lower leverage can calm markets, but volatility may stay high until withdrawals resume.
Do you trade with leverage during big news? 👇
$BTC $ETH
#CryptoNews #Liquidations #Bitcoin #$1.5BInLeveragedCryptoBetsLiquidated
💥 $1.5B in Leveraged Crypto Bets Wiped Out
📊 Total liquidations hit about $1.53B in 24 hours, per CoinGlass data cited by CoinDesk
📉 Longs took roughly 84% of the damage, about $1.3B
⏱️ Around $1.37B of it hit in just 12 hours
🟠 BTC positions lost about $475M and ETH about $331M
👥 More than 243,000 traders were forced out
⚠️ BTC slid to about $76.3K, its lowest in weeks, and now trades near $77.9K
🔗 The sell-off came as Binance reported a security incident of about $6.3B, with around $3B frozen
What it means for crypto: crowded long leverage turned a headline shock into a fast flush. Lower leverage can calm markets, but volatility may stay high until withdrawals resume.
Do you trade with leverage during big news? 👇
$BTC $ETH
#CryptoNews #Liquidations #Bitcoin #$1.5BInLeveragedCryptoBetsLiquidated
