#AKT Long Liquidation: $9.9017K at $3.49339

The crypto market has delivered another intense moment as Akash Network (AKT) plunges to $3.49339, wiping out $9.9017K in long positions.

This dramatic liquidation underscores the relentless volatility of crypto markets and the risks of leveraged trading in unpredictable conditions.

1. AKT Price Drop: Akash Network’s price fell sharply, breaching critical support levels and triggering long liquidation cascades at $3.49339.

2. Long Liquidation Mechanics: Over-leveraged traders betting on a price rise were forced to close their positions,

selling their holdings to cover losses, which added to the downward pressure.

3. Significant Losses: The liquidation of $9.9017K in long positions highlights the scale of bullish optimism—and the market's ability to turn on a dime.

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