🚨‼️ BREAKING NEWS ALERT 🚨‼️
In the past 24 hours, the cryptocurrency market experienced a massive $124 million in liquidations, according to BlockBeats, with data from Coinglass. The majority of these liquidations came from short positions, totaling a staggering $95.36 million, while long positions saw liquidations of $28.41 million.
This surge in liquidations underscores the market's extreme volatility, leaving traders on both sides feeling the pressure. The large gap between short and long liquidations suggests many were caught off guard, especially those betting against the market’s recent upward movement. Stay alert, as these developments signal a turbulent road ahead for traders!
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