Crypto Market Sees $517M in Liquidations in Just 24 Hours
AI Summary
In the last 24 hours, the crypto market faced heavy liquidations totaling $517 million, according to PANews.
š Breakdown by Position Type:
⢠Long positions: $101 million
⢠Short positions: $415 million
š Top Liquidated Assets:
⢠Bitcoin (BTC): $164 million
⢠Ethereum (ETH): $118 million
Data from Coinglass shows sharp moves caught many traders off-guard, especially those betting against the trend.
š This is a reminder of how fast crypto markets can shift. Always manage risk and stay updated.
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