Liquidation of Over $300 Million in Futures Positions

IconCryptoNewsTerminal Staff03 Jul, 2024

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Liquidation of Over $300 Million in Futures Positions

Major exchanges liquidated $112 million worth of futures positions in the past hour, pushing the 24-hour liquidation volume to over $306 million. This latest liquidation event highlights the ongoing volatility and risk associated with crypto futures trading. Traders should exercise caution and manage their risk exposure effectively to avoid significant losses. As market dynamics remain fluid, it is crucial to stay informed and make informed trading decisions.