💥Surprise！
In the past 24 hours, the total liquidation across all networks exceeded 1.2 billion USD！
Long positions have become the "hard-hit area"！
Latest data shows that in the past 24 hours, the total liquidation amount reached 1.221 billion USD.
Among them, the liquidation amount of long positions is staggering, reaching 1.057 billion USD, while the liquidation of short positions is 164 million USD.
From this data on liquidations across all networks in the past 24 hours, the proportion of long position liquidations far exceeds that of short positions, reflecting that the market may have experienced a significant decline or price reversal.
Long position holders suffered heavy losses due to leverage when price movements contradicted their expectations.
This also warns investors that in the cryptocurrency market, while leveraged trading can amplify profits, risks are also magnified exponentially, and the market's uncertainty can trigger a liquidation crisis at any time.
Both long and short positions need to treat leveraged operations more cautiously, closely monitor market dynamics and various potential risk factors to avoid significant losses due to market fluctuations.
Recently, I plan to prepare for a potential explosive coin that could double easily, and I also plan to find some potential coins to hold until the end of the year, with an expected upside of over 10 times being no problem. If you want to follow my bamboo leaves, leave a message, follow, like, and Gold. Skirt
