⚠️ More Than $400M in Crypto Leverage Liquidated Within Just 60 Minutes
The crypto market saw another brutal flush as over $400 million worth of leveraged positions were liquidated in only one hour.
📉 Total liquidations across the market have now exceeded $1.5 billion over the past 24 hours.
🔥 The majority of liquidations came from long positions as Bitcoin briefly swept below key support levels and volatility exploded across the market.
Major assets including:
• BTC
• ETH
• SOL
• and high-beta altcoins
all experienced sharp downside moves during the cascade.
⚡ The liquidation wave comes amid:
• rising Fed rate hike expectations
• stronger U.S. dollar momentum
• continued ETF outflows
• and growing uncertainty around macro & geopolitical conditions
📊 Traders are now closely watching whether Bitcoin can stabilize above the psychological $60K zone or if another round of forced liquidations could hit the market.
#NewsAboutCrypto $SPCXB $BTC
The crypto market saw another brutal flush as over $400 million worth of leveraged positions were liquidated in only one hour.
📉 Total liquidations across the market have now exceeded $1.5 billion over the past 24 hours.
🔥 The majority of liquidations came from long positions as Bitcoin briefly swept below key support levels and volatility exploded across the market.
Major assets including:
• BTC
• ETH
• SOL
• and high-beta altcoins
all experienced sharp downside moves during the cascade.
⚡ The liquidation wave comes amid:
• rising Fed rate hike expectations
• stronger U.S. dollar momentum
• continued ETF outflows
• and growing uncertainty around macro & geopolitical conditions
📊 Traders are now closely watching whether Bitcoin can stabilize above the psychological $60K zone or if another round of forced liquidations could hit the market.
#NewsAboutCrypto $SPCXB $BTC