🚨 Crypto Bloodbath: $860M Bullish Bets Wiped Out as ETH, BTC, XRP & DOGE Plunge 9% 🚨

In a shocking twist for the crypto market, over $860 million in bullish (long) positions were liquidated within hours as major coins — Ethereum ($ETH ), Bitcoin ($BTC ), XRP, and Dogecoin ($DOGE ) — each crashed nearly 9%.

📉 Breakdown of the Carnage:

ETH: $348.9M liquidations 💥

BTC: $177.1M liquidations

SOL: $64.2M liquidations

XRP: $58.8M liquidations

DOGE: $35.8M liquidations

💡 What Triggered the Sell-off?

Unexpectedly high U.S. inflation data rattled global markets, pushing investors to dump risky assets. The aggressive unwinding of leveraged positions accelerated the crash, causing a chain reaction of liquidations.

⚠️ Why This Matters:

Short-term: Market volatility is at a peak, and weak hands are being flushed out.

Medium-term: Such corrections often reset over-leveraged markets, paving the way for healthier price action.

For Traders: Risk management is now more critical than ever — leverage without protection can be devastating.

🎯 Smart Takeaway:

This isn’t just a panic dump — it’s a market cleansing. Historically, large-scale liquidations can precede strong rebounds once the dust settles. Savvy investors might see this as an opportunity to accumulate quality assets at a discount — but only with disciplined risk control.

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