【Rapid Report】The market has significantly corrected, with nearly $600 million in long positions liquidated.

In the past 24 hours, the cryptocurrency market has experienced a widespread decline, with major drops in BTC, ETH, and others triggering a chain of liquidations. According to monitoring data, nearly $600 million in futures long positions have been forcibly liquidated across the network.

Notably, the liquidation amount for Ethereum (ETH) reached $235 million, surpassing Bitcoin (BTC), making it the main player in this round of liquidations.

The market is highly volatile, reminding investors to pay attention to risk management and to use high leverage cautiously.

#BTC #ETH #Market Trends #Contract Trading