đ¨ Crypto Market Shake-Up! đ¨
- Nearly half a billion dollars in bullish crypto bets were liquidated as geopolitical tensions rattled the market.
- Data from CoinGlass reveals that 86% of traders were optimistic heading into October.
- Major tokens saw over $450 million in long liquidations in the past 24 hours, with Bitcoin (BTC) and Ethereum (ETH) traders losing $122 million and $100 million respectively.
- Smaller altcoins and memecoins like PEPE also took a hit, with $85 million in liquidations.
- The market dip followed Iran's missile launch on key Israeli locations, causing BTC to drop to $60,300 before recovering slightly.
What are your thoughts on this market turbulence? Share in the comments!
