$BTC $ETH $XRP
💥24-hour liquidation storm!
The entire network suffers heavy losses!
XRP unexpectedly becomes the 'king of liquidations'!
Coinglass data shows that in the past 24 hours, the crypto market has experienced an unprecedented wave of liquidations!
The total liquidation amount across the network reached $611 million! Both longs and shorts fought to the bitter end, with long liquidations amounting to $384 million, and shorts also putting up a fight, liquidating $227 million!
In this liquidation battle, XRP stood out, with a liquidation amount of $86.2018 million, surpassing Bitcoin BTC ($80.882 million) and Ethereum ETH ($54.7842 million), becoming the undisputed 'king of liquidations'!
What market logic is hidden behind this? Is it the blind following of investors, or the precise hunting by large funds?
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