$45,935,739,517 in liquidations in 24 hours! 😱

In the last 24 hours, we witnessed one of the largest liquidation waves in the market! Total liquidations exceeded $1.14 billion 😨

🔻 Liquidations by direction:

• Long: Massive long positions were liquidated amounting to $974 million!

• Short: As for short positions, their liquidations reached $166.81 million

• 12 hours: $134.74M

• 24 hours: $1.14B

🔥 The market surprised everyone, especially those who entered with high leverage!

It is clear that traders in long positions were the most affected in the last hours, and the sudden spikes literally “wiped them out.”

👇 My personal opinion:

What happened reaffirms that capital management is more important than any analysis, and using leverage without a clear plan can lead to complete account liquidation! ⚠️

$54,137,317,401