What Happened?
The crypto market took a wild turn after the U.S. launched surprise airstrikes on Iran’s nuclear facilities. The news sent shockwaves through global markets, triggering a massive sell-off in crypto. $595 MILLION in bullish bets got liquidated in just 24 hours! 😱
Ether ($ETH ) traders got hit hardest—$282M in longs wiped out.
Bitcoin ($BTC ) followed with $151M in liquidations.
Altcoins (SOL, $XRP , DOGE) also felt the pain, losing over $22M combined.
Why Did This Happen?
When big geopolitical news drops, markets panic. Traders using high leverage got caught off guard as prices plunged, forcing exchanges to close their positions (aka liquidation). Over 172,000 traders were affected—87% of them were betting on prices going UP!
What’s Next?
Bitcoin is holding near $102,000, and Ethereum is hovering around $2,280—both down but stable for now. However, with tensions high and the U.S. threatening "far greater" strikes, volatility isn’t over yet!
Pro Tip for Traders:
Watch leverage—high risk = big liquidations!
Stay updated—geopolitics moves crypto FAST.
DCA & hedge—don’t get caught in the next flash crash.
Your Thoughts?
Will the market bounce back, or is more downside coming? Drop your predictions below! 👇
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