Market Turbulence Sees Over $107 Million Liquidated in One Hour

Recent market data reveals that within the past hour, the crypto market experienced extreme turbulence with $107 million in total liquidations recorded across exchanges.

Long positions were the hardest hit, accounting for $105 million in liquidations, while shorts accounted for only $2.6 million, indicating a dominant bearish pressure on bullish traders.

  • BTC saw $67.9 million in long liquidations
  • ETH faced $16.2 million in position collapses

This sudden market move has sparked discussions across the community, with analysts suggesting potential whale activity or large cascade liquidations might have accelerated the sharp price drop.