Over $153 Million Liquidated Amidst Crypto Market Volatility
CryptoNewsTerminal Staff07 Jun, 2024
Over $153 Million Liquidated Amidst Crypto Market Volatility
In the past hour, liquidations worth a staggering $153 million were executed on major cryptocurrency exchanges. This brings the total liquidations within the last 24 hours to an alarming $291 million. This surge in liquidations is a testament to the ongoing volatility in the crypto market, with prices swinging wildly and traders facing extreme uncertainty. The relentless liquidations have wiped out positions and amplified losses for many unsuspecting investors. The market crash has taken a heavy toll on the crypto industry, leading to a decline in trading volumes and a loss of confidence among investors. Experts urge caution during this period of instability, advising traders to manage their risk exposure and make informed decisions.
