💥 Massive Liquidations Rock the Crypto Futures Market

📉 A cascade of liquidations has wiped out over $430 million in long positions, sending shockwaves across the crypto space.

🔻 Ethereum leads the wipeout with an estimated $268 million in liquidated longs, followed by Bitcoin at around $164 million.

This sharp correction highlights the growing bearish pressure and excessive leverage used by traders across major platforms.

⚠️ What triggered the crash?

Market-wide volatility due to macroeconomic uncertainty

Overleveraged positions getting auto-liquidated

Price drops below key technical levels

🔎 What it means:

This is a clear warning to traders: high leverage = high risk. With open interest still high and volatility elevated, the market remains in a dangerous zone for overexposed positions.

📊 Stay informed. Stay cautious. And always manage your risk.

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