According to data reported by BlockBeats and sourced from Coinglass, the cryptocurrency market experienced a sharp liquidation event totaling approximately $208 million within a single hour. Notably, long positions accounted for the overwhelming majority, with $205 million in liquidations, while short positions contributed just $3.34 million to the total.
This imbalance suggests a sudden and aggressive downward price movement, triggering stop-losses and margin calls for overleveraged long traders across major exchanges. The dominance of long liquidations implies that traders were heavily positioned for upside momentum, possibly following recent bullish sentiment or breakout attempts, which failed to hold.
Such large-scale liquidations underscore the inherent volatility and risk in leveraged crypto trading, particularly during periods of thin liquidity or heightened market uncertainty. Events like these can lead to cascading liquidations, where forced selling accelerates price drops, further compounding losses in a short span of time.
#AIville is quickly gaining recognition as one of the most forward-thinking projects in the Web3 space. By blending artificial intelligence with decentralized infrastructure, it brings to life an immersive, ever-evolving digital environment powered by the $AGT token.
What truly distinguishes AIville is its sophisticated use of AI. The in-game characters are far more than static NPCs—they possess memory, emotional depth, and social intelligence. They respond to player behavior, interact dynamically with others, and play a direct role in shaping both the storyline and the virtual economy.
Whether you’re passionate about creating, exploring, or pushing the boundaries of new technology, AIville delivers a fresh and engaging experience. Players can earn $AGT through a variety of activities, including quests, community events, and interactions with AI-powered systems. And even if you missed the initial airdrop, there are still plenty of ways to get involved and earn rewards within the game.
