#RiskRewardRatio
$1.4 Billion Wiped Out in Just 24 Hours
š In a rough day for traders, data from Coinglass reveals that over $1.4 billion in positions were liquidated within 24 hours ā and a staggering $1.22 billion of that came from long positions.
šø The biggest casualties?
Bitcoin $BTC : $468 million
Ethereum $ETH : $410 million
š A total of 455,321 traders were impacted by this liquidation wave.
š„ The largest single liquidation? A $7.08 million BTC-USDT long on OKX.
This massive shakeout highlights the intense volatility in the market ā a harsh reminder to manage risk wisely, especially when trading with leverage.