Crypto markets experienced a sharp shake-out as nearly $1.6

Crypto markets experienced a sharp shake-out as nearly $1.6 billion in futures liquidations were recorded within 24 hours, with around 93% coming from over-leveraged long trades.$BTC  fell under the $80K level and touched $75,644, while $ETH  slid 7% to $2,243, posting its largest long-side wipeout of this bull run so far.
Overall, roughly $200 billion was wiped off total market value, signaling a rapid sentiment flip from extreme greed to a strong risk-off environment.
BTC
78,781.27
+2.62%
ETH
2,316.63
+3.46%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Crypto markets experienced a sharp shake-out as nearly $1.6 billion in futures liquidations were recorded within 24 hours, with around 93% coming from over-leveraged long trades.

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Crypto markets experienced a sharp shake-out as nearly $1.6 billion in futures liquidations were recorded within 24 hours, with around 93% coming from over-leveraged long trades.