1.21 BILLION LIQUIDATED🩸 Trader Loses $27M Exceeding Leverage! 👇

In the last 24 hours, 1.21 billion of long positions were liquidated! Mainly on OKX and Binance, with Bybit and Huobi following. The Most affected assets include: BTC, ETH, $SOL and $DOGE ! A trader on Huobi has been liquidated for 27 million, clearly exceeding leverage!

When volatility hits hard, I always recommend to zoom out (weekly/monthly time frame) and evaluate carefully the new supports! Also, it's crucial to incorporate hedging and stop-loss tactics into your strategy. Leveraging 50x or 100x is pure gambling and can be very very risky!

Do You Leverage In Crypto? What's A Safe Leverage? 🤔 Let Me Know In Comments!

STAY SAFE! & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝

#LiquidationFrenzy #MarketAlert #CryptoNewsCommunity #CryptoUpdates