🚨 A strong liquidation wave in the crypto market
In the past 24 hours:
💥 Total liquidations: 809.04 million dollars
👥 Number of liquidated traders: 162,010 traders
📉 Breakdown by direction:
🔴 Long: 679.54 million dollars (the largest share)
🟢 Short: 129.5 million dollars
⏱️ Time-wise:
Last hour: 91.96M$ (86.44M Long)
4 hours: 213.01M$
12 hours: 329.15M$
24 hours: 809.04M$
💣 Largest individual liquidation:
Executed on Bitget – BTC
Worth 13.52 million dollars
🧠 Market reading:
The majority was concentrated long → the market punished excessive optimism.
These numbers reflect high volatility + weak risk management.
Such liquidations often precede a rebound or rebalancing in the market.
⚠️ The market does not forgive high leverage…
Risk management is more important than trade direction.
#Liquidations #BTC #CryptoMarket $BTC $
