Crypto market plummets, affecting 320,000 people🆘
The market is in turmoil! According to Coinglass data, the crypto market has experienced another severe shock in the past hour, with the total liquidation amount reaching $101 million! Among these, the liquidation of long positions is astonishing, amounting to $99.306 million, taking the absolute lead; while the liquidation of short positions is merely $1.7116 million, appearing insignificant. In the last 24 hours, a total of 324,803 people worldwide have been liquidated, with a total liquidation amount of $1.071 billion. The largest single liquidation occurred on Binance - ETHUSDT, valued at over $15.7954 million in a long vs. short showdown. Who will prevail? From the data, it’s clear that the bulls have faced precise strikes, with a wave of forced liquidations sweeping across the network. Although the bears have incurred less loss, the subsequent trends remain full of suspense. The market is gradually cleaning out high-leverage positions during the fluctuations, accumulating energy for future price movements!
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