Leveraged Crypto Traders Demolished by Volatility: $800M Liquidated

In a tumultuous 24-hour period marked by extreme volatility, the crypto market witnessed a historic liquidation event. Nearly $800 million in both short and long futures positions were wiped out. This staggering figure represents the largest daily liquidated crypto position value recorded so far in 2024, according to Coinglass data. Crypto Traders Eat $800M in Liquidated... source: https://beincrypto.com/leveraged-crypto-traders-volatility-liquidated/