Market Volatility Sparks Major Liquidations

Recent data reveals a turbulent 4-hour period in the crypto market, with total liquidations reaching $160 million.

Long Positions Take Heavy Losses

Of the total, long positions suffered $154 million in liquidations, while shorts faced $6.67 million in losses.

BTC and ETH See Largest Wipes

Ethereum faced $49.07 million in forced exits, but Bitcoin suffered the most with $85.44 million in long liquidations.

  • Market instability highlights importance of risk management
  • Extreme volatility suggests possible trend reversal
  • Traders advised to maintain conservative positions