Massive Crypto Liquidations: Short Selling Triggers Over $133M in Forced Closures
The cryptocurrency market recently witnessed a dramatic event. Over $133 million in crypto perpetual futures positions faced forced liquidation within a mere 24 hours. This significant sum highlights ongoing volatility. Furthermore, a substantial majority of these liquidations targeted short positions, indicating a swift reversal against bearish bets. This unexpected shift significantly impacts overall market sentiment. […]
