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🚨 Crypto Liquidation Update: Long Positions Take the Biggest Hit🔥
The latest liquidation data highlights a sharp wave of long liquidations across the crypto market, reflecting heightened volatility and continued selling pressure. Most major assets have seen leveraged long positions wiped out as prices moved lower.
Liquidation Highlights
$ETH : $24.85M in long liquidations, the largest across the market.
$BTC : $15.48M in long liquidations, showing continued weakness in Bitcoin.
$SOL : $3.42M in long liquidations.
ZEC : $1.08M in long liquidations.
XRP : $1.06M in long liquidations.On the other hand, SLX ($4.66M) and VELVET ($2.01M) recorded notable short liquidations, indicating pockets of strength despite the broader market weakness.
Real-time activity across perpetual markets, including ARX, MAGMA, and VELVET, suggests volatility remains elevated. Until market conditions stabilize, traders should keep leverage under control, use disciplined risk management, and avoid overexposure during rapid price swings.
#Get2SharesOfSKHynixAtZeroCost