$827M Wiped In A Day : Crypto Traders Burned
8h05 ▪
5
min read ▪ by
The crypto market has just harshly reminded us of its unpredictability. In 24 hours, more than $827 million in positions were liquidated, severely impacting bullish bets as Bitcoin, Dogecoin, and other cryptocurrencies sharply declined. This rout occurs in a tense global context, mixing economic uncertainties and geopolitical tensions. While the euphoria of a bull run seemed to be settling in, market reality swept away even the strongest hopes.
In brief
- The crypto market experienced a major shock with…