🩸$629 million was liquidated within 24 hours.

❌In the last 24 hours, the crypto market has felt significant pressure, which has led to the liquidation of positions totaling $629 million. These liquidations have affected traders using leverage trading, highlighting the high risks of this approach to investing.

💸The main share of losses, $482 million, came from long positions, i.e. on those who bet on market growth.

♻️On the one hand, the massive liquidation of positions certainly causes damage to hamsters. On the other hand, such corrections can have a positive impact on the overall health of the market, clearing it of “overheated” positions and creating conditions for the next growth cycle.

Fix your profit and you will always be in the black❤️#HotTrends #SLERF #ETHFI⁩ #BOME