In the past 24 hours, the cryptocurrency market has experienced a thrilling 'liquidation drama'! According to coinglass data, the total liquidation amount across the network reached $368 million, with long position liquidations amounting to $297 million and short position liquidations at $71.35 million. 💥
In this storm, BTC and ETH became the 'hard-hit areas', with liquidations of $68.18 million and $52.12 million respectively, while XRP was not spared, facing liquidations of $17.72 million. 😮
It is worth mentioning that the largest single liquidation occurred on Binance's BTCUSD_PERP, valued at $1.9755 million. It seems that market volatility has caught many investors off guard. 📉
Regardless of how the market changes, staying calm and investing rationally is always the key. 🔍