Wow, there was a huge market shake-out in 12 hours were $BTC and several alt coins like $ETH $BNB $XRP $SOL $AVAX experienced a Sharp downtime.

Over $670 million liquidated in just 12 hours is massive. It's clear that volatility is running the show right now.

Breaking it down, we see that $558.6 million in longs and $111.15 million in shorts were wiped out. This kind of volatility can be intimidating, but it's also what makes the crypto market so exciting.

It's worth noting that short selling can actually increase securities price volatility, even in normal market conditions. So, while this market shake-up might seem extreme, it's not entirely unexpected.

If you're feeling the heat, just remember that volatility is a normal part of the crypto market. And who knows, this shake-out could be a sign of bigger changes to come.