🚨 A strong liquidation wave hits the market in the last 24 hours!
The market recorded a fierce liquidation wave affecting 387,314 traders in the last 24 hours, with a total liquidation amount reaching $2.09 billion, which is considered one of the largest shocks this month!
🔹 Liquidation details:
1H: $43M
4H: $165M
12H: $1.49B
24H: $2.09B
🔸 The largest individual liquidation occurred on #Hyperliquid - $BTC worth $36.7M!
The wave was harsh on long positions specifically, but even short positions were not spared from the intense pressure.
This type of movement confirms that the market is still fragile and whale activity is intensifying as the year-end approaches.
⚠️ Always remember: during massive liquidations... staying away from leveraged trading and discipline is more important than anything else.
