๐จ NOW: Over $1 Billion Liquidated in 24H โ Longs Take the Hit
The crypto market just saw $1.01B in total liquidations over the past 24 hours, with long positions accounting for $903M of the losses.
๐ฅ The largest single liquidation was a $35.45M BTC/USDT trade on HTX.
High leverage and market volatility continue to shake out traders as Bitcoin and altcoins swing violently.
๐ Will this wipeout mark a local bottom or is more pain ahead?