🚨 Market Alert: Massive liquidations today— 7% #Bitcoin PnD Wick And $1.54B in longs and $162M in shorts wiped out. Likely the largest event this year.
▪️ 567,570 traders were liquidated.
▪️ The largest single order was on Binance (ETHUSDT) valued at $19.69M.
🔴 Only 10% of liquidations in $BTC signaling heavy exposure to altcoins. This could mark a significant altcoin season.
🔴 Key takeaway: Leverage trading remains highly risky in volatile conditions.
🔰 Pro tip: Focus on holding #Altcoins in spot positions for sustainable, long-term gains. Stay cautious. 🙏
