๐จ *982,000,000 Liquidated from the Crypto Market in 24 Hours* ๐ฅ๐ธ
โ
๐งจ *What Happened?*
- Nearly *1 billion in positions* wiped out across major exchanges โ๐
- Both *longs and shorts* got rekt, but mostly *longs* as the market dipped ๐ป
- Caused by sudden volatility โ likely tied to *BTC dumping* and *macro fears* ๐ณ๏ธ๐
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๐งพ *Why It Matters:*
- *Leverage is a double-edged sword* โ๏ธ โ big moves = fast liquidations
- Liquidations = forced selling = more *downward pressure* on prices ๐๐ต
- This kind of flush often *resets the market* โ clears out overleveraged traders ๐งน๐ง
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๐ง *What to Learn:*
- Use *tight risk management* ๐ฏ
- Avoid high leverage in volatile markets โ ๏ธ
- Liquidation spikes often mark *short-term bottoms or reversals* โณ๐
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Stay safe out there โ *the market doesnโt care about your feelings or your 50x long* ๐ ๐๐