$BTC 650 MILLION LIQUIDATED FROM THE CRYPTO MARKET IN 24 HOURS 😱🔥*
The past 24 hours have been *brutal* for traders. Over *650 million in positions were liquidated*, wiping out long and short traders alike. 🧨📉
🧠 What Does "Liquidation" Mean?
When traders use leverage (borrowed money), and the market moves sharply against their position, their trade is *automatically closed* to prevent further losses. That’s called a *liquidation*.
These liquidations cause *rapid price moves*, creating a domino effect — one liquidation triggers another, and so on. 🧊💣
📊 Why Did This Happen?
- *Massive volatility* from escalating geopolitical tensions (Iran–Israel–US)
- *Fear-driven panic selling* and whale moves triggering cascading liquidations
- Overleveraged traders got caught on both sides — especially longs expecting a bounce
🔮 What’s Next?
- *Volatility is far from over* — if the Middle East conflict worsens, expect more wild swings
- This level of liquidation can mark a *local bottom*, as forced sellers are flushed out
- Smart money might start accumulating here, slowly and quietly 🐋