BITPRISMIA
The article discusses the significant losses from crypto perpetual futures liquidations in the last 24 hours, highlighting the mechanics of liquidation, the major cryptocurrencies affected, and the reasons behind the high volume of liquidations.
The article explains the concept of crypto liquidations in perpetual futures, their impact on the market, and strategies for traders to avoid them.
The article discusses a significant market event where $113 million in crypto futures were liquidated in one hour, totaling $409 million over 24 hours, highlighting the risks and mechanics of leveraged trading in the volatile cryptocurrency market.
Bitcoin's recent price surge led to massive liquidations, affecting over 232,000 traders, with shorts on BTC and ETH suffering the most losses, while institutional demand and ETF inflows continue to drive the market.
Bitcoin has surged to a new all-time high (ATH), leading to significant liquidations in the crypto market, with short investors bearing the brunt of the losses.