$BTC Plunges Below $87K – $234.9M Liquidated in 24 Hours! 💥

Over the last day, we’ve seen a massive $234.9 million wiped out in Bitcoin liquidations as $BTC dipped below the $87,000 mark. Long positions bore the brunt of the sell-off, totaling $169.7 million – a clear sign that overly optimistic traders were blindsided. 📉

While shorts also felt the pain at $65.21 million, the downside pressure was undeniably dominant. This surge in liquidations points to high leverage and shaky market foundations. Expect continued volatility as the market seeks stability. $ETH and $BNB also experienced significant movement during this period.

#Bitcoin #Liquidation #CryptoMarket #Volatility 🚀

BTCUSDT

Perp

87,788.6

+0.74%