🚀🚀🚀Explosion! The total liquidation of short positions across the network exceeds 1 billion USD, reaching a five-year high!
Yesterday, the total liquidation amount of short positions across the network reached 1.02 billion USD, setting a new record for the highest in nearly five years!
In the past 24 hours, it has been like a 'meat grinder' in the crypto world, with as many as 300,000 people suffering from liquidations. Among them, the largest single liquidation occurred in the [platform]-BTC - USDT trading pair, valued at over 90 million USD.
From the cryptocurrency contract liquidation chart, the market is experiencing extreme volatility, with fierce battles between bulls and bears. This wave of market activity can be described as a 'earthquake' in the crypto world, signaling a trend reversal or just a temporary disturbance? Investors need to fasten their seatbelts and closely monitor market dynamics!
