#btc
In the past 24 hours, the cryptocurrency market experienced significant volatility, leading to substantial liquidations:
Total Liquidations: Approximately $165 million in leveraged positions were liquidated.
Traders Affected: Over 119,000 traders faced liquidations.
Long vs. Short Positions:
Long Positions: About $76.7 million liquidated.
Short Positions: Approximately $88 million liquidated.
Top Assets Impacted:
Bitcoin (BTC): Roughly $27 million in liquidations.
Ethereum (ETH): Around $23 million in liquidations.
PANews
Largest Single Liquidation: A $5.95 million BTC/USDC position on Binance.
These figures highlight the risks associated with leveraged trading, especially during periods of market instability.