The crypto market just went through a wild ride, with a whopping $244 million in leveraged positions liquidated in just 24 hours ⚡. Surprisingly, shorts took a bigger hit ($130M) than longs ($114M), hinting that prices may have jumped unexpectedly 📈—leaving bearish traders scrambling.
Bitcoin led the liquidation pack with $86.29M liquidated 💥, followed by Ethereum with $50.75M 💧. This wave of liquidations is a clear reminder: leveraged trading in crypto can be risky and unforgiving during sudden market swings ⚠️.
