The cryptocurrency market experienced a violent liquidation wave exceeding $318 million in the past 24 hours, amid sudden price fluctuations that hit major digital assets, led by Bitcoin and Ethereum.
🔍 What happened?
With rapid and unexpected price movements, thousands of leveraged trading positions were liquidated, especially long positions, indicating that the market surprised traders who bet on the continuation of the rise.
📊 Key Figures:
💸 Total liquidations: 318 million dollars
👥 Number of affected traders: tens of thousands
⚡ The largest percentage of liquidations: Long positions
⚠️ What does this mean for the market?
These liquidations reflect:
Increased risk level in leveraged trading
Low liquidity at sensitive price points
The market's need for rebalancing before any upcoming movement
Such events are often seen as a signal of impending larger volatility, whether a continuation of the correction or a strong rebound if sentiment improves.
🧠 Advice for traders:
Trading with leverage can achieve quick profits, but it carries high risks.
Capital management and stop-loss are not an option... but a necessity.
📌 Do you think these liquidations pave the way for a bullish reversal or further decline?
Share your opinion in the comments 👇
