🚨 Over half a billion dollars in crypto liquidations in just 4 hours! 🔴📉
Crypto markets have been hit by a massive wave of liquidations, with Bitcoin retreating following the release of U.S. CPI (inflation) data, which came in higher than expected!
💥 Total liquidations exceeded $517 million in just 4 hours!
📊 Liquidation breakdown:
🔴 $413.9 million from long positions.
🔻 Ethereum (ETH): $214.4 million in liquidations, 75% of which were long positions.
🔻 Bitcoin (BTC): $146.4 million in liquidations, 90% of which were long positions.
⚠️ These market movements come amid concerns that persistent inflationary pressures might lead the U.S. Federal Reserve to maintain its hawkish monetary policy for longer.
👀 Has the wave of liquidations ended, or is the market bracing for further volatility?
$BTC
$ETH
$ZEC
Crypto markets have been hit by a massive wave of liquidations, with Bitcoin retreating following the release of U.S. CPI (inflation) data, which came in higher than expected!
💥 Total liquidations exceeded $517 million in just 4 hours!
📊 Liquidation breakdown:
🔴 $413.9 million from long positions.
🔻 Ethereum (ETH): $214.4 million in liquidations, 75% of which were long positions.
🔻 Bitcoin (BTC): $146.4 million in liquidations, 90% of which were long positions.
⚠️ These market movements come amid concerns that persistent inflationary pressures might lead the U.S. Federal Reserve to maintain its hawkish monetary policy for longer.
👀 Has the wave of liquidations ended, or is the market bracing for further volatility?
$BTC
$ETH
$ZEC
