Crypto Perpetual Futures Face Staggering $100M+ Liquidations in 24 Hours
Crypto Perpetual Futures Face Staggering $100M+ Liquidations in 24 Hours
The cryptocurrency market is a dynamic beast, often delivering sudden shocks. Recently, the world of crypto perpetual futures witnessed a staggering event: over $100 million in forced liquidations within just 24 hours. This significant sum represents a sharp reminder of the inherent volatility and risks associated with leveraged trading in digital assets. For many traders, this period was marked by rapid, unexpected losses, highlighting the delicate balance between potential gains and swift reversals in the fast-paced crypto landscape.
What Triggered These Massive Crypto Perpetual Futures Liquidations?
During the intense 24-hour period, a substantial…
