Yesterday was a day of heavy liquidations in the crypto market — nearly $84 million was wiped out in 24 hours. Interestingly, the main blow was specifically on shorts: they lost about $65 million, while long positions fared better with losses of $18.6 million. Bitcoin shorts were especially affected — $20.7 million liquidated, whereas longs lost only $2.3 million. A similar picture with Ethereum: shorts liquidated $7.74 million compared to $1.6 million in long positions. Over 52,000 traders were affected in total. The largest liquidation occurred on SOL-USD — one trader was wiped out for $8.5 million. That’s the kind of volatility, guys. It’s a reminder of why trading with leverage is a game with fire, especially in crypto markets.

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