$BTC

$ETH

💥【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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