๐ด Panic Attack in Market ๐ท
137$ Mil liquidation in just few minutes โ ๏ธ
๐ฅ According to Foresight News, Bitcoin recently had a quick drop, falling to 65,621 USDT and going down more than 6.54% in just 24 hours. Similarly, Ethereum also had a sudden drop, going down to 3,313 USDT and decreasing over 7% in the same time frame. These fast price falls show how the digital money market can change a lot, very quickly.
๐ผ Information from Coinglass, shared by Foresight News, shows that in the past hour, a big $137 million has been lost in the network. Most of this, $135 million, was from people who had been planning to hold onto their money for a long time, while only about $2.31 million came from those who were planning to sell soon. Most of the money lost was from people who wanted to keep their money for a while, with only a small part from those who wanted to sell soon.
๐ These big losses show that trading digital money can be risky, especially when people use loans to buy and sell. Even though these quick drops and losses happened, both Bitcoin and Ethereum have been strong in the past when things got tough. They've been able to get back up after sudden price changes and keep going up in value. It's important for people who trade digital money to be careful and watch out for big changes, because there are chances to make money, but also chances to lose it quickly.
