๐ฃ #Bitcoin Crashes Below $115K โ $700M in Longs Liquidated in Hours #Market_Update
- Bitcoin crashed below $115,000, triggering over $700M in long liquidations in just 24 hoursโmost major exchanges felt the hit, with Ethereum and altcoins also dropping sharply.
- This wave of liquidations happened as many traders were using heavy leverage, so when the price tanked fast, their positions were forcibly closed, which amplified the selloff.
- After the plunge, Bitcoin regained $115,000 and even stabilized near $118,000, but the sharp move is a reminder: too much leverage can create big wipeouts, and the market can reverse quickly.
Be careful with leverage, especially in volatile markets like this! โ ๏ธ
เฅ๐START INVEST HERE ๐#SmartInvesting