🚨 Daily cryptocurrency liquidations are breaking records! 🚨
🔥 In the last 24 hours, more than $1.75 billion in cryptocurrencies were liquidated from 583,525 traders! Long positions dominated, with total losses reaching $1.56 billion, while short positions contributed around $191.37 million.
💰 Largest exchanges affected:
Binance: $739.10 million
OKEx: $448 million
Bybit: $376.65 million.
📉 In terms of assets:
Ethereum (ETH): $271.34 million
Bitcoin (BTC): $186.60 million
DOGE: $99.69 million
XRP: $81.31 million
Other assets: $532.08 million
This is the largest daily liquidation of this year, even surpassing the figure of $1.52 billion from the previous day. The market is "wobbling", what is your strategy to cope with this situation? 🤔
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💡 Comments:
"This is an important reminder that risk management is key in trading, especially in a volatile market like cryptocurrencies. Use leverage wisely, pay attention to support/resistance, and always have an exit plan. 🌊 In the midst of this storm, remember: There are always new opportunities waiting around the corner, volatility".
💬 What do you think? Is this moment a golden opportunity or a warning sign? Share in the comments section! 👇
