⚡ Over $1 billion in leveraged crypto positions were liquidated in the last 24 hours.
CoinGlass data shows $1.08 billion wiped out as Bitcoin crashed below $76,000 — 209,826 traders caught in the cascade, with longs taking 88% of the hit ($956M).
Bitcoin led the losses at $282M liquidated, followed by Ethereum at $174M. The cascade followed Wall Street's AI stock rout, with the Nasdaq plunging 5.52% in its worst day in 19 months.
Leverage cuts both ways — risk management matters more than ever in a sell-off like this.
#Bitcoin #BTC #Crypto #Liquidations #CryptoMarket #Ethereum #Zimbuck
CoinGlass data shows $1.08 billion wiped out as Bitcoin crashed below $76,000 — 209,826 traders caught in the cascade, with longs taking 88% of the hit ($956M).
Bitcoin led the losses at $282M liquidated, followed by Ethereum at $174M. The cascade followed Wall Street's AI stock rout, with the Nasdaq plunging 5.52% in its worst day in 19 months.
Leverage cuts both ways — risk management matters more than ever in a sell-off like this.
#Bitcoin #BTC #Crypto #Liquidations #CryptoMarket #Ethereum #Zimbuck
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