🚨Market #Liquidation Overview – Past 24 Hours as of May 2, 2025
Total Liquidation: $210 million
🟢Long Positions: $55.87 million
🔴Short Positions: $154 million
Bitcoin $BTC
🟢Longs: $8.29 million
🔴Shorts: $80.54 million
🟢Longs: $8.75 million
🔴Shorts: $31.52 million
Traders Liquidated: 78,125 globally
🔹Largest Single Liquidation:
🔹Binance BTC/USDT pair
🔹Value: $22.07 million
🔻Heavy short liquidations on BTC suggest a sharp upward price movement, triggering stop-losses.
🔹ETH followed similar trends, but to a lesser magnitude.
🔹The market remains highly volatile, and traders should proceed with caution.
