🚨 Sharp market reversal leads to liquidations
📉 The sharp surge in the crypto market following Federal Reserve Chair Jerome Powell’s speech triggered $317 million in short liquidations.
🔷 ETH positions led the losses over the past four hours with $227 million, followed by BTC with $80 million.
➡️ According to Coinglass, a total of 149,531 traders saw positions worth $625 million liquidated in the past 24 hours.
➡️ The largest single liquidation was an ETH-USDT position worth $10 million on OKX.$ETH
