The crypto market just witnessed a massive shakeout as more than $900 million in long positions were liquidated in the past 24 hours. ⚡
💥 What Happened?
A sharp market downturn triggered a flash crash lasting just 9 minutes, causing panic selling.
Major coins including BTC, ETH, SOL, DOGE, and XRP faced brutal liquidations.
Thin liquidity amplified the crash, wiping out overleveraged positions across exchanges.
📉 Key Highlights
Bitcoin (BTC) dropped under $110K before recovering slightly.
Ethereum (ETH) held stronger momentum, still attracting institutional demand.
Traders with high leverage faced the biggest losses in minutes.
🔎 Why It Matters
Such large-scale liquidations often:
Reset leverage in the market
Provide room for a potential rebound
Signal risk for overleveraged traders ahead
⚠️ Lesson for the market: High leverage = high risk. This $900M wipeout is a reminder that crypto moves fast, and only the prepared survive.
#bitcoin #Ethereum #CryptoNews #Liquidations #MarketPullback
