On October 15, 2024, the cryptocurrency market experienced a sharp pullback with over $184 million in liquidations. Bitcoin $BTC was hit the hardest, with over $130 million in contracts liquidated within a few hours. This wave of liquidations has reignited the debate around overleveraging in the crypto market, particularly in the derivatives sector. Traders using high leverage face significant risks during volatile market movements.
#BitcoinCrash #CryptoLiquidation #Overleveraging #CryptoMarketTrend #BitcoinNews