🚨 Nearly $300 MILLION LIQUIDATED IN JUST 1 HOUR IN THE CRYPTO MARKET! According to data from CoinGlass, reported by Odaily: 🔴 $292 million in liquidations 📉 $222 million in LONG positions (bought) 📈 $70 million in SHORT positions (sold) 💥 Ethereum: $121 million 💥 Bitcoin: $89.4 million That means approximately 76% of the liquidations affected traders betting on higher prices! ⚠️ Another reminder of how leverage can destroy positions in minutes. Are you trading, or do you prefer to stay out of this volatility?
FecoxaShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.