💥 $644M GONE in 24 Hours: Leverage Traders Get Wrecked
In a brutal 24-hour span, over $644 million was liquidated across the crypto market.
The majority of the losses came from long positions, as prices across major assets took a sudden dive.
Bitcoin, Ethereum, and altcoins all saw red, triggering a cascade of liquidations on leveraged trades.
Leverage—the trader’s best friend and worst enemy—proved once again to be a double-edged sword. ⚔️
For some, it’s the fast track to massive gains.
For others, it’s a one-way ticket to zero.
👉 Reminder: In crypto, the higher the leverage, the higher the risk. Always know your limits—or the market will remind you.
