💥 Crypto Liquidation Alert – $233M Wiped in 24H 💥

In the past 24 hours, over 91,000 traders were liquidated, with total losses hitting $233.06M ⚠️

📊 Breakdown:

ETH: $68M liquidated

BTC: $34M liquidated

SOL: $22M liquidated

NMR & XPL: $19M+ each

Shorts & longs both took damage → $147M shorts vs $85M longs

⚡ What is liquidation?

Liquidation happens when a trader’s leveraged position (borrowed money trade) is forced closed by the exchange because they ran out of margin.

Long traders lose when price drops 📉

Short traders lose when price pumps 📈

It’s basically the market’s “forced stop-loss” — and during high volatility, it can wipe out millions in hours.

💡 Why it matters:

Mass liquidations add extra volatility as exchanges dump positions into the market.

Big liquidations often mark short-term tops or bottoms.

Smart traders track liquidation heatmaps to spot liquidity zones where reversals may happen.

👉 Takeaway: $ETH & $BTC dominated liquidations, but the pain was spread across alts too. Manage leverage carefully — the market always punishes greed.

#CryptoLiquidation #BTC #ETH #Solana #RiskManagemen