Friends, there are major developments in the crypto world today! The current price of Ethereum is $2616.21, with a 24-hour increase of 1.72%, which is quite impressive.
However, the past hour has been extremely exciting, with the total liquidation amount across the network reaching 10.12 million USD, and primarily short positions were liquidated, amounting to 7.5 million USD. What does this mean?
Those investors shorting ETH have suffered greatly in this hour! Of the 10.12 million USD in liquidations, ETH accounted for 4.46 million USD, which is 44.09%. Such rapid changes in the market are intense; friends trading contracts are truly dancing on the edge of a knife. The market is highly volatile with extreme risks, so everyone must operate cautiously and avoid blindly following trends.
If you often get trapped while chasing the market up and down without the latest news or direction from the crypto world, click on my avatar to follow me. Whether in a slow bull phase or during sector rotations, you will not miss out.
