The cryptocurrency market experienced significant turbulence as over $390 million was liquidated in the past four hours. Long positions bore the brunt of the sell-off, accounting for $357.41 million of the total liquidations. This wave of liquidations highlights the volatility and risk inherent in leveraged trading within the crypto markets.
Crypto Market Sees $390 Million in Liquidations, Long Positions Hit Hard
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.