🔥 324 MILLION USD LEVERAGE LIQUIDATION IN 24 HOURS – BROAD LIQUIDATION PRESSURE ACROSS THE ENTIRE MARKET
The market continues to shake strongly as the total value of leveraged positions liquidated in the past 24 hours reached 324 million USD. Data shows that most liquidations occurred in the large-cap asset group, led by BTC (82.96 million USD) and ETH (68.93 million USD). SOL, DOGE, and XRP also recorded liquidation amounts ranging from 6–17 million USD.
Notably, the liquidation flow is broadly distributed across many assets, rather than concentrated in a specific group. This reflects the defensive state of investors in response to the strong volatility of the derivatives market. As leverage thins out, prices only need a small fluctuation to trigger cascading liquidations.
Although the scale of this liquidation is lower than recent billion-dollar sweeps, the market structure is more sensitive due to weak spot liquidity and fear sentiment remaining high. Such flushes often serve as a market “reset,” alleviating excess leverage before prices find a more stable state.
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