The cryptocurrency market recently saw $354 million in liquidations over 24 hours, highlighting the volatility and risks of leveraged trading.
This included $233 million in long positions and $121 million in short positions. Bitcoin (BTC) and Ethereum (ETH) were significantly affected, with BTC liquidations at $55.39 million and ETH at $55.82 million.
These figures emphasize the rapid changes in the market and the substantial financial impacts on traders, underscoring the need for caution in high-risk trading activities.
#Binance240MUsers #USDebt36Trillion #NextMarketMoves #PennsylvaniaBitcoinReserve #CryptoAMA