๐จ CRYPTO LIQUIDATIONS TODAY: MASS DELETE OF POSITIONS! ๐๐ฅ
Today the crypto market crashed after shocking PPI data from the US, causing over $1 billion in liquidations in 24 hours! ๐๐ฑ According to CoinGlass, long positions suffered the most - over $750 million, while shorts were smaller but still significant. ๐๐ Bitcoin fell below $119K, wiping out $253 million in leverage, Ethereum below $4500 by $180 million in an hour! ๐ช๏ธ๐ฅ SOL (-5.12%), XRP (-6.63%), DOGE also hit hard. ๐คฏ๐ธ
Reasons? High inflation makes investors panic, whale sell-offs and correlation with traditional markets. ๐๐ณ But is this the end of the bull cycle? Some see an opportunity to buy low! ๐๐ค
From Coingape: $538 million long wiped out in an hour due to sudden crash. โฑ๏ธ๐ฅ From The Defiant: Market is fragile, with $1B total. โ ๏ธ From CryptoNews: $1.05B tsunami after inflation data. ๐๐ฌ
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๐จ CRYPTO LIQUIDATIONS TODAY: MASS DELETE OF POSITIONS! ๐๐ฅ
Today the crypto market crashed after shocking PPI data from the US, causing over $1 billion in liquidations in 24 hours! ๐๐ฑ According to CoinGlass, long positions suffered the most - over $750 million, while shorts were smaller but still significant. ๐๐ Bitcoin fell below $119K, wiping out $253 million in leverage, Ethereum below $4500 by $180 million in an hour! ๐ช๏ธ๐ฅ SOL (-5.12%), XRP (-6.63%), DOGE also hit hard. ๐คฏ๐ธ
Reasons? High inflation makes investors panic, whale sell-offs and correlation with traditional markets. ๐๐ณ But is this the end of the bull cycle? Some see an opportunity to buy low! ๐๐ค
From Coingape: $538 million long wiped out in an hour due to sudden crash. โฑ๏ธ๐ฅ From The Defiant: Market is fragile, with $1B total. โ ๏ธ From CryptoNews: $1.05B tsunami after inflation data. ๐๐ฌ
Be careful, traders! Don't risk more than you can afford to lose. ๐๐
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