February 28 News: According to Watcher.Guru on X platform, after Israel launched an attack on Iran, the global cryptocurrency market experienced intense fluctuations, with approximately $100 million in long positions forcibly liquidated within just 15 minutes. Sudden geopolitical risks quickly impacted risk assets, sparking discussions on topics such as "The impact of Israel-Iran conflict on Bitcoin" and "Analysis of sudden liquidation causes in the crypto market."
Following the news, mainstream crypto asset prices rapidly declined, and leverage in the derivatives market came under pressure, with liquidation scales sharply increasing. Market experts pointed out that in a high-leverage environment, geopolitical conflicts often trigger a chain reaction of deleveraging, amplifying volatility in a short period. The future trend will still depend on the developments in the Middle East and changes in global risk sentiment.