🚨 The market is stormy: in the last 24 hours, 159,548 traders have been liquidated for a total of $597.73 million! 💸💥

Over the past 24 hours, the crypto market has been shaken by a wave of liquidations. 📉 A total of 159,548 traders were liquidated — their positions were forcibly closed due to a lack of collateral. Total losses amounted to $597.73 million! 😱

📊 What does this mean? When a trader opens a margin or futures position, they risk getting liquidated if the market goes against them. This happens automatically when losses reach a critical point. Today, there were particularly many such traders.

🔥 The main reasons for the wave of liquidations:

Sharp price movements in Bitcoin, Ethereum, and other top assets.

Mass liquidation of high leverage positions (x50, x100 and even higher).

Panic among traders amid news or changes in central bank policies.

🧠 Conclusions for traders:

📵 Do not abuse leverage. High leverage increases not only profit but also risk.

🛡️ Set stop-losses and plan risks in advance.

📚 Analyze the market, not emotions. Psychology is the trader's enemy on unstable days. #Bitcoin Pizza Day