📊 Market Update

Liquidation waves are sweeping through the markets 🌪️. In the past 24 hours, a significant amount of contracts have been liquidated, totaling around $570 million 💸.

Breaking down these numbers, we see that long positions have taken the hit, with approximately $368 million in losses ⬇️. Meanwhile, shorts have also seen substantial liquidations, but to a lesser extent, at around $202 million 📉.