📉 Massive Liquidations Shake the Crypto Markets! 💥
In the past 24 hours, the market witnessed over $813 million in liquidations, with 141,924 traders forced out—primarily short positions (≈ $551M), while longs saw around $262M wiped out .
🔹 Bitcoin (BTC):
• Current price: ~$118,417
• Liquidated shorts: ≈$428 M
• Long liquidations: ≈$69.9 M
🔹 Ethereum (ETH):
• Trading near $3,193
• Shorts: ≈$46.5 M
• Longs: ≈$56.6 M
💡 Key Takeaways:
Short sellers got squeezed hard as BTC surged from the $115–116K region.
Elevated volatility continues to dominate derivatives markets—over $800M liquidated across major cryptos.
Risk stands front and center: always use stop-losses, manage leverage, and size wisely.
🔔 Pro Tip for Traders:
Keep stops tight if using leverage
Maintain a balanced portfolio—don’t bet all on one direction
Stay informed—volatility is back in full force!
