🔍 Overall Liquidation Snapshot
According to CoinGlass data:
$269 million in total liquidation value
96,646 traders liquidated
$167M in long positions wiped out
$102M in short positions liquidated
🪙 Top Assets Hit
Bitcoin (BTC): ~$78.06M liquidated
Ethereum (ETH): ~$49.78M wiped out
🧠 What This Means
Long trades took the biggest hit at ~62% of total liquidations
Suggests potential downward momentum or leveraged pullback in markets
High BTC & ETH liquidations signal major volatility in top-tier assets
📊 Why Traders Care
Massive liquidation zones show where stop-losses were triggered
Seeing BTC & ETH moves like this helps gauge broader market stress
Useful for spotting potential support/resistance zones and short-term sentiment shifts
Stay sharp, fund your stop‑loss levels right, and keep an eye on leverage spikes.
DYOR. Not financial advice.
Stay sharp and stay informed
#SECProjectCrypto
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