Half a billion usd were wiped out due to liquidation, with long term investors suffering heavy losses in 24H.

The crypto market has just weathered a turbulent 24H with strong sell off pressure, washing away hundreds of millions usd from Bull.

🔥 The total liquidation value across the market in the past 24H reached $528.27 million, wiping out 151,951 trader.

📉 Long positions were the primary victims of this drop, suffering total losses of $354.55 million, double the $173.72 million lost by Short. However, in the last 4H, Shorts are the ones bleeding $70.77 million as the market attempts a rebound.

🥇 BTC lead and ETH follows in terms of damage level

👉$BTC top the liquidation chart with $177.39 million.

👉👉Ranking second is $ETH with $141.90 million. Notably, the largest single liquidation order of the day occurred on for the ETH usd pair valued at $9.63 million.

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This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.