Over 110,000 Crypto Traders Liquidated in 24 Hours as Market Volatility Intensifies

A sharp wave of liquidations has swept through the cryptocurrency market, with approximately 110,878 traders forced out of their positions within the past 24 hours. The development underscores the persistent volatility in digital asset markets and highlights the risks associated with leveraged trading.

The large number of liquidations reflects rapid price movements across major cryptocurrencies, including Bitcoin and Ethereum, which continue to set the tone for broader market activity.

Source: XPost

What Triggered the Liquidations

Liquidations occur when traders using leverage are unable to maintain the required margin levels as…