$ETH $87 MILLION+ IN ETH LONGS LIQUIDATED IN THE LAST 24 HOURS!
🔴 In just 24 hours, over $87 million worth of Ethereum (ETH) long positions have been wiped out as the market took a sudden downturn.
🔻 What happened?
Traders betting on ETH’s price going up (longs) with leverage were caught off guard by sharp price drops.
As ETH fell, exchanges automatically closed these high-risk positions to prevent further losses—this forced liquidation led to a cascade of selling.
The majority of liquidations came from traders using borrowed funds, showing how quickly leverage can turn against you.
⚡ Leverage is a DOUBLE-EDGED SWORD:
It can boost your gains, but it can also multiply your losses. When the market moves fast, leveraged traders risk losing everything in minutes.
ETHUSDT
2,813.99
+2.06%
