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.

šŸ“Š Breakdown by Position Type:

• Long positions: $101 million

• Short positions: $415 million

šŸ“‰ 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.

šŸ‘‰ This is a reminder of how fast crypto markets can shift. Always manage risk and stay updated.

#CryptoNew s #Bitcoin #Ethereum #LiquidationAlert #BinanceSquare #Coinglass