*In 🧨 Major Market Liquidations*

- *$484 million liquidated* across crypto markets in the past 24 hours.

- *Long positions took the biggest hit*, accounting for $336 million, while short positions saw $148 million in liquidations.

- This suggests a sharp market reversal, likely catching over-leveraged traders off guard⁽¹⁾.

*📉 Price Movements (as of latest data)*

- *Bitcoin (BTC):* ~$87,515 (+1.82%)

- *Ethereum (ETH):* ~$2,960 (+0.42%)

- *BNB (Binance Coin):* ~$867.77 (+1.32%)

- *Solana (SOL):* ~$129.39 (+2.12%)

- *XRP:* ~$1.93 (+3.37%)⁽²⁾

*🔍 Binance-Specific Highlights*

- *Plume Token ($PLUME)* officially launched on Binance, expanding the platform’s DeFi offerings⁽³⁾.

- *Binance Futures* experienced temporary downtime earlier this week, frustrating some traders—though services have since resumed⁽³⁾.

- *Regulatory Watch:* Binance continues navigating global scrutiny, including a recent $48.5 million settlement involving Paxos over AML concerns⁽³⁾.

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*🧠 What This Means for Binance Traders*

- *Risk Management is Key:* The recent liquidations underscore the importance of stop-losses and position sizing, especially in leveraged trades.

- *BNB’s Steady Climb:* BNB’s modest gains suggest investor confidence in Binance’s ecosystem despite regulatory headwinds.

- *New Listings = New Opportunities:* Keep an eye on newly listed tokens like $PLUME for potential early-mover advantages.