The crypto market just saw one of its biggest shocks in recent months. In the past 24 hours, around $2.4 billion in long positions were liquidated, sending prices of Bitcoin, Ethereum, and other major coins tumbling.
Traders are feeling the impact of extreme volatility and high leverage. Many analysts are warning that this kind of sudden market move is a reminder of just how risky short-term trading can be right now.
This wave of liquidations raises questions about whether it’s just a temporary shakeout or the start of a larger correction. Either way, it shows that the market is moving fast, and caution is essential for anyone trading in this environment.
#CryptoCrash #LiquidationAlert #BitcoinDip #USPPIJump
BTCUSDT
Perp
75,851.3
-3.10%
ETHUSDT
Perp
2,231.77
-3.03%
BNBUSDT
Perp
749.22
-3.26%