In the past 24 hours, the cryptocurrency market has experienced significant turbulence, with a total liquidation amount across the network reaching 383 million dollars! 💥 Among them, long positions were liquidated for 149 million dollars, while short positions faced liquidations of 234 million dollars. It seems that this market fluctuation caught many investors off guard.
Specifically, the liquidation amount for BTC was 58.61 million dollars, while the liquidation amount for ETH was 48.93 million dollars. 📉 The volatility of these two major cryptocurrencies has undoubtedly had a considerable impact on market sentiment.
Although market fluctuations are frequent, this is also the norm in the cryptocurrency market. Investors need to remain calm and view market changes rationally. 📊