See original
LIVE
RoYoK
--
Bullish
🚨Crypto market in chaos: $760M liquidated in 24 hours🚨
🗣 The cryptocurrency market is being hit by a new wave of turmoil. In a span of 24 hours, nearly 760 million dollars have been liquidated, with 200 million in just one hour.
This sharp movement, a symptom of an ever-bubbling market, reflects the vulnerability of leveraged positions to sudden price fluctuations.
At the same time, this situation highlights the significant challenges investors must face, balancing risk management and heightened volatility. In the last 24 hours, the cryptocurrency market has been shaken by a series of massive liquidations, plunging trading platforms into unprecedented chaos.
According to data published by Cointelegraph on December 9, 2024, on social media platform X (formerly Twitter), "nearly 760 million dollars have been liquidated during this period, with a peak of 200 million dollars in a single hour." These figures, revealing the brutality of the events, indicate a deep imbalance caused by a rapid drop in prices across several major assets.
The most affected assets include Bitcoin and Ethereum, often considered the pillars of the crypto ecosystem. Thus, traders who had taken positions with high leverage were unable to cover their margin calls, triggering a cascade of forced selling.
This mechanism, already well-known in such volatile markets, amplified the price drop. Furthermore, this price decline creates a domino effect that has intensified volatility and reinforced a climate of panic among investors.
For investors, these losses underscore the urgency to develop more robust risk management strategies capable of cushioning the impacts of sudden market fluctuations.
#bearish #bearstime #rugpul #BTC☀️
$BTC $ETH $XRP
🗣 The cryptocurrency market is being hit by a new wave of turmoil. In a span of 24 hours, nearly 760 million dollars have been liquidated, with 200 million in just one hour.
This sharp movement, a symptom of an ever-bubbling market, reflects the vulnerability of leveraged positions to sudden price fluctuations.
At the same time, this situation highlights the significant challenges investors must face, balancing risk management and heightened volatility. In the last 24 hours, the cryptocurrency market has been shaken by a series of massive liquidations, plunging trading platforms into unprecedented chaos.
According to data published by Cointelegraph on December 9, 2024, on social media platform X (formerly Twitter), "nearly 760 million dollars have been liquidated during this period, with a peak of 200 million dollars in a single hour." These figures, revealing the brutality of the events, indicate a deep imbalance caused by a rapid drop in prices across several major assets.
The most affected assets include Bitcoin and Ethereum, often considered the pillars of the crypto ecosystem. Thus, traders who had taken positions with high leverage were unable to cover their margin calls, triggering a cascade of forced selling.
This mechanism, already well-known in such volatile markets, amplified the price drop. Furthermore, this price decline creates a domino effect that has intensified volatility and reinforced a climate of panic among investors.
For investors, these losses underscore the urgency to develop more robust risk management strategies capable of cushioning the impacts of sudden market fluctuations.
#bearish #bearstime #rugpul #BTC☀️
$BTC $ETH $XRP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0