⚠️ Liquidations Top $800 Million in 24 Hours
In the past 24 hours, trader liquidations reached a staggering $807 million, with the largest losses coming from leveraged positions in $BTC , ETH, $XRP , and $DOGE trading pairs.
😱 Notably, a single ETH liquidation exceeded $7.1 million, highlighting the risks of over-leveraged trading.
As a backdrop, Bitcoin dipped below $100,000 following Jerome Powell's remarks dismissing plans for establishing cryptocurrency reserves, adding to market uncertainty.