🚨 $158M liquidations in the crypto market in 24 hours!
Data from Coinglass shows: the market was hit by a wave of liquidations totaling $158 million.
📉 Longs: $73.45M
📈 Shorts: $84.48M
⚠️ This highlights the extreme volatility and risk inherent in the crypto market.
In such moments of heightened activity, it is especially important to adhere to risk management and avoid excessive leverage.
💡 How should traders respond?
– Diversification
– Stop-losses
– Understanding market sentiments
