The crypto market just witnessed a brutal shakeout. More than $573 million in long positions got wiped out over the last 24 hours. Bulls got caught off guard as prices tumbled, triggering massive liquidation cascades across major exchanges. This bloodbath highlights how leveraged traders are dancing on a knife's edge right now. When volatility strikes, positions evaporate fast.
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The crypto market just witnessed a brutal shakeout. More than $573 million in long positions got wiped out over the last 24 hours. Bulls got caught off guard as prices tumbled, triggering massive liquidation cascades across major exchanges. This bloodbath highlights how leveraged traders are dancing on a knife's edge right now. When volatility strikes, positions evaporate fast.