Today, the cryptocurrency markets witnessed a massive liquidation, with around $580 million liquidated in the past 24 hours ⚡️📉. The liquidation was mainly on short positions ($370 million), while long positions ($210 million) were liquidated. The currencies that were most affected were Bitcoin, which saw liquidations of $288 million, followed by Ethereum with liquidations of $57.3 million. 🚨
This indicates extreme volatility in the market and pressure on traders using high leverage ⚖️. Traders who bet on the rise or fall of the markets may face significant losses due to sudden price movements. 📊
In these circumstances, investors are better off being cautious and monitoring the market closely, as there may be additional price volatility in the coming days ⏳.
🌐⚠️ #تصفية_المراكز #العملات_الرقمية #البيتكوين #الإثيريوم #BitcoinKeyZone