🚨 Urgent: $656.19 million liquidated in the crypto market in 24 hours!

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📅 Details:

$656.19 million was liquidated from the market in the past 24 hours, affecting 184,579 traders, according to CoinGlass data.

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📌 Key points:

– Largest individual liquidation: $35.45 million on BTC-USDT pair via HTX

– Bitcoin and Ethereum led the losses due to high volatility

– 90% of liquidations were for long positions (Longs)

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📈 What does this mean?

– The market is experiencing sharp fluctuations with strong selling pressure

– High leverage increases risks for traders

– It may be an opportunity to review trading strategies

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❓ Do you think these liquidations will lead to further decline or a recovery soon?

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