In the past 24 hours, $223 million has been liquidated from the crypto market, highlighting the risks associated with high-leverage perpetual futures trading, which can exacerbate liquidation events during sudden downturns. This market movement is further influenced by Bitcoin’s price action, which frequently triggers widespread liquidations across leveraged positions, especially amid increased market volatility linked to macroeconomic shifts and changing trader sentiment.
$223M liquidated from crypto market in past 24 hours
