Crypto markets saw over $1 billion liquidated in 24 hours, with $187 million lost in positions, highlighting the sector's volatility.
Key points:
$187M liquidations in 24 hours, largest at $43.7M (BTC/USD)
Top exchanges affected: Binance ($73.4M), Bybit ($41.2M), Huobi ($23.1M)
Major declines: Bitcoin down 4.5%, Ethereum down 5.2%
Reasons for the drop include high volatility, over-leveraged positions, and technical indicators signaling a downturn. Experts recommend managing risk, watching trends, and avoiding over-leverage.
