The crypto market just went through a major shake-up. 😬 According to data from Coinglass (via TechFlow), around $259 million in trades got liquidated in the last 24 hours! That’s a big deal.
Out of that, $158M were long positions (people betting prices would go up) and $101M were shorts (bets on prices dropping). Over 96,000 traders were affected across the globe — so you can imagine how volatile the market has been.
The biggest single liquidation happened on a centralized exchange, where someone’s ETH-USDT trade worth over $4.1 million got wiped out.
It’s a reminder to always manage risk and never over-leverage, especially when the market is this unpredictable. Stay sharp out there.
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