Crypto Market Turmoil: $553 Million in Liquidations Sets Off Warning Signs
Crypto Market Turmoil: Unpacking the $553 Million in Liquidations The crypto market has witnessed a significant downturn, with Bitcoin’s price drop of nearly 5% in a day leading to massive liquidations of $553 million. Traders with long positions have been the hardest hit, with $413 million in liquidations, while short positions have also seen a…