Latest data shows that the crypto assets market has experienced a round of severe fluctuations today. According to real-time statistics from an industry data analysis platform, approximately $299 million in trading positions have been liquidated across global cryptocurrency exchanges in the past 60 minutes. This figure highlights the high instability of the market.



Specifically, long traders suffered a more severe blow, with losses reaching up to $280 million, accounting for the vast majority of total liquidation amounts. In contrast, the liquidation amount for short positions was relatively small, approximately $18.09 million. This obvious imbalance suggests that the market may have experienced a sudden drop.

Among various Crypto Assets, Bitcoin remains the most affected asset, with a Close Position amount reaching 202 million USD. As the second largest Crypto Asset by market capitalization, Ethereum's Close Position amount has also reached a considerable 45.45 million USD.

This large-scale liquidation event once again reminds investors that the fluctuation of the crypto assets market is still extremely high, and it is necessary to manage risks cautiously when participating in trades to avoid excessive leverage. At the same time, this also reflects the rapid changes in market sentiment, which may indicate an increase in uncertainty regarding the price trends of crypto assets in the short term.
BTC-1.24%
ETH-3.47%
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RugDocDetectivevip
· 23m ago
Once again a bloodbath... suckers one wave after another
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fren_with_benefitsvip
· 08-24 20:40
Again played people for suckers.
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Anon4461vip
· 08-24 20:36
Bankruptcy is scheduled.
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staking_grampsvip
· 08-24 20:33
suckers have been played for suckers.
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GasFeeLadyvip
· 08-24 20:31
gm fam... looks like another day of rekt longs getting too greedy with leverage smh
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