CRYPTO MARKET WITNESSES NEARLY $1B IN DAILY LIQUIDATIONS AS OVERLEVERAGED LONGS CAUGHT OFF GUARD BY MACRO JITTERS

In the past 24 hours, crypto markets saw nearly $1 billion in liquidations triggered by margin calls as leveraged long positions unwound amid macroeconomic uncertainty.

This surge in liquidations underscores heightened market volatility and risk aversion, potentially leading to cascading sell-offs and further price declines.

Source: CoinGlass