$BTC
💥【Market Shock!】
24-hour global liquidation storm: $292 million vanished into thin air!
According to the latest data from Coinglass, the entire cryptocurrency market seems to have experienced a 'financial tsunami' in the past 24 hours! The total liquidation amount across the network reached an astonishing $292 million!
In this storm, both long and short positions were not spared. The liquidation amount for long positions reached a staggering $181 million, while short positions also put up a fight, with $111 million liquidated! This is simply a contest of 'blood and gore'!
It is worth mentioning that the two giants, BTC and ETH, also could not remain unscathed in this storm.
The liquidation amount for BTC reached $75.5725 million, while ETH closely followed with $36.1659 million liquidated!
So, what market logic and investor psychology are hidden behind this liquidation storm? Is it greed at play, or fear spreading? Let's keep a close watch!
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