🚨 The crypto market is in shock! In just one hour, traders lost almost $1 billion amid a sharp drop in prices. An avalanche of liquidations hit the market when the price of Bitcoin briefly fell from $85,000 to $82,000.

According to Coinglass, in one hour, positions of 392 thousand traders were liquidated for a total of $971 million, of which the overwhelming majority ($956 million) concerned long positions — those who expected price increases.

At the same time, the drop in Bitcoin over the last day was 8%, and over 1.5 months — already 33%. Given the excitement and the use of leverage, liquidations at such volumes are becoming a norm, which intensifies the pressure on the market.

Keep an eye on the situation! 💥
#liquidation #Крипторынок #новости #финансы