📉 Market Alert: Bitcoin & Ethereum Liquidation Wave! 🌊
The crypto market is showing intense volatility with significant liquidations over the last 24 hours. Here’s a deep dive into the latest data from Coinglass and Binance.
📊 BTC Liquidation Summary (Last 24H):
Total Liquidations: A staggering $154.93M wiped out.
The Battle: It’s a tug-of-war between Bulls and Bears. $74.83M in Longs and $80.09M in Shorts have been liquidated.
Recent Momentum (1H): In the last hour, Shorts took a hit of $176.1K, showing a sudden upward pressure.
⚡ Real-Time "Rekt" Moments:
Looking at the live exchange data, we see massive individual liquidations:
ETHUSDT: A single long position of $9.01M was liquidated at $2978.65.
BTCUSDT: Multiple liquidations ranging from $1.33M to $3.86M as price fluctuates around the $87K - $88K zone.
🔍 What This Means for Traders:
High Volatility: Liquidations on both sides indicate "choppy" price action, where traders are being hunted in both directions.
Long Squeeze vs. Short Squeeze: The high volume of liquidations often acts as fuel for the next big move. A "Short Squeeze" can propel the price higher, while "Long Liquidations" can cause a rapid dump.
Leverage Risk: Most of these liquidations happen due to high leverage. A small price move against your position can lead to a total loss of margin.
💡 Pro Tip:
In such a high-stakes environment, Risk Management is your best friend. Avoid over-leveraging and always use a Stop-Loss to protect your capital from being "Rekt".
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