In the past 24 hours, the cryptocurrency market has experienced quite a storm 🌪️. According to coinglass data, the total liquidation amount across the network reached 373 million USD, with long positions liquidating at 264 million USD, while short positions accounted for 109 million USD. This means that the market volatility caught many investors off guard.
Specifically, the liquidation amount for BTC was 95.44 million USD, for ETH it was 67.46 million USD, and for SOL it was 22.49 million USD. In this event, a total of 130,332 people were liquidated, with the largest single liquidation occurring on Bitmex - XBTUSD, valued at 5.5 million USD.
This market turbulence once again reminds us that investment requires caution, as the market changes rapidly. 📊