A significant shake-up has been observed in the crypto market over the past day. A total of $383 million in liquidation has occurred, with short position borrowers bearing the heaviest losses - $256 million has disappeared from them. Bitcoin traders lost $194 million, Ethereum traders lost $98.5 million. More than 87,000 people's positions were closed in a single day. The biggest blow was felt by those engaged in leveraged trading - a single trade saw $1.3 billion in liquidation. In such volatility, risk management is extremely crucial for those trading with high leverage - one wrong move can wipe everything out.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin