Bitcoin and Ethereum liquidation explosion! Who is paying the price for market volatility?
The liquidation volume of Bitcoin and Ethereum has soared, and the turmoil in the market has subjected countless traders to life-and-death tests! Due to the Bybit hacking incident and violent fluctuations, both short and long positions have been forcibly liquidated, and the speed of liquidation is astonishing!
In particular, ETH saw liquidation amounts exceed $400 million between $2,700 and $2,850! Meanwhile, BTC's $100,000 mark has become the 'line of life and death' for shorts and longs. The Bybit hacking incident has directly intensified the market instability of ETH, exacerbating market liquidity and spreading panic sentiment, leading traders to hastily exit!
