Cryptocurrency Liquidation: Understanding Market Volatility and Risks
Cryptocurrency liquidation has surged into the spotlight as a pivotal concern for traders dealing with the unpredictable waves of crypto market volatility.Recent statistics reveal a staggering $67.6237 million in total liquidations over the past 24 hours, predominantly affecting long positions that accounted for $38.9888 million of the total.
Cryptocurrency Liquidation: $202 Million Lost in 24 Hours
Cryptocurrency liquidation is a critical aspect of the volatile cryptocurrency market, particularly highlighted by a staggering $202 million lost in the last 24 hours alone.As traders adjust their strategies amidst market fluctuations, the significant role of liquidation cannot be overstated, with recent reports indicating that about 69% of these liquidations were linked to long positions.