🚨 $967M Wiped in 24 Hours – Crypto Markets Rattled! 💥
The crypto market just witnessed a massive liquidation cascade, with nearly $1 billion in positions wiped out across major exchanges.
Over 213,000 traders liquidated — mostly longs — as sudden drops in XRP, ETH, DOGE, and SOL triggered margin calls.
📉 Top Liquidations:
BTC: $152M
ETH: $152M
XRP: $29.9M (↓ 10%)
DOGE: $56M (↓ 7%)
SOL: $39M (↓ 2.5%)
🧠 What Happened?
Overheated leverage + sharp price reversals = chain reaction of forced sell-offs. Funding rates are now normalizing, hinting at a possible cooling-off phase.
💡 Takeaway:
Leverage can amplify gains — but it crushes the overexposed. Risk management isn’t optional.
Stack smart, trade safe.
