CryptoMom
Market experiences intense volatility, with over 100,000 traders facing liquidation
The cryptocurrency market yesterday saw a "bloodbath," with liquidation volumes reaching new highs. According to on-chain data, the total liquidation in the past 24 hours exceeded $500 million, with long positions accounting for the majority at $384 million and short positions at $130 million—indicating a severe imbalance between longs and shorts.
Specifically, BTC liquidations amounted to $118 million, while ETH was the "hardest hit," with liquidations reaching $177 million. About 150,000 traders were directly
View OriginalThe cryptocurrency market yesterday saw a "bloodbath," with liquidation volumes reaching new highs. According to on-chain data, the total liquidation in the past 24 hours exceeded $500 million, with long positions accounting for the majority at $384 million and short positions at $130 million—indicating a severe imbalance between longs and shorts.
Specifically, BTC liquidations amounted to $118 million, while ETH was the "hardest hit," with liquidations reaching $177 million. About 150,000 traders were directly