In the past 24 hours, the cryptocurrency market has experienced quite a storm🌪️. According to data from Coinglass, the total liquidation amount across the network reached 373 million dollars, with long positions accounting for 264 million dollars and short positions for 109 million dollars. This means that market volatility caught many investors off guard.
Specifically, the liquidation amount for BTC was 95.44 million dollars, for ETH it was 67.46 million dollars, and for SOL it was 22.49 million dollars. In this incident, a total of 130,332 people were liquidated, with the largest single liquidation occurring on Bitmex - XBTUSD, valued at 5.5 million dollars.
This market turbulence serves as a reminder that investment requires caution, as the market changes rapidly.📊