๐Ÿšจ CRYPTO MARKET: $72.64 MILLION LIQUIDATED IN 24 HOURS!
Crypto markets have witnessed $72.64 million in total liquidations over the past 24 hours, according to data from CoinGlass cited by ChainCatcher.
๐Ÿ“Š Liquidation Breakdown:
๐Ÿ”ด Long Positions: $48.23M (66.4%)
๐ŸŸข Short Positions: $24.41M (33.6%)
Bitcoin (BTC):
โ€ข Longs: $4.661M
โ€ข Shorts: $3.938M
Ethereum (ETH):
โ€ข Longs: $4.538M
โ€ข Shorts: $4.216M
๐Ÿ“‰ What does this mean?
Long positions accounted for approximately 66.4% of total liquidations, suggesting leveraged bullish traders experienced greater losses during this period.
โš ๏ธ High liquidations highlight the risks of leveraged trading and sudden market volatility.
๐Ÿ’ฌ Do you think Bitcoin and Ethereum will recover or face more volatility?
Source: ChainCatcher citing CoinGlass
Not financial advice.
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