Crypto Market Sees Over $300 Million in Liquidations Amid Volatility
Recent market data reveals that over $326 million was liquidated in the past 24 hours across crypto exchanges, signaling intense market turbulence.
Long positions were hit hardest, with $241 million in liquidations, while short positions also experienced significant losses totaling $85 million.
Bitcoin and Ethereum Lead Liquidation Surge
Bitcoin alone saw $53.5 million in long liquidations and $26.8 million in short liquidations.
Ethereum, however, experienced even greater volatility, with long liquidations reaching $97.5 million and shorts losing $20 million.
Market Analysis and What's Next
Experts suggest that increased macroeconomic uncertainty and shifting investor sentiment are likely fueling the chaos.
- High-leverage trading remains extremely risky amid heightened volatility
- Bitcoin and Ethereum short-term outlook remains unclear
- Traders are advised to focus on fundamentals and employ strict risk management