A Strong Liquidation Movement Sweeps the Cryptocurrency Market



In the past 24 hours, more than $875.7 million USD have been liquidated in the market.

In total, 248,129 traders' positions have been forcibly closed.

💥 The total liquidation value of long positions was approximately $788.9 million USD, while the liquidation value of short positions approached $86.7 million USD.

📊 In the short term, the decline in Bitcoin's price below $95,000 USD and its rapid retreat to the $92,000 USD range triggered a series of liquidations.

📉 This movement also affected the overall market, with major cryptocurrencies experiencing declines during the day, such as #SOL , #DOGE , and #ADA , which dropped by more than 6% 👀

⚠ The largest individual liquidation was recorded in the #BTCUSDT pair, with a value of $25.83 million USD.
#MarketRebound
$DOGE
$ADA
$BTC
DOGE-3,12%
ADA-3,51%
BTC-2,08%
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BasheerAlgundubivip
· 8h ago
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⚠️ The largest individual liquidation was recorded in the #BTCUSDT pair, amounting to $25.83 million.
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