Crypto derivatives markets saw a fresh wave of forced liquidations over the past day, underscoring how quickly leverage can amplify volatility even when spot prices move modestly. Data tracked by CoinGlass showed roughly $359.27 million in leveraged positions were wiped out over the last 24 hours, with liquidation clusters heavily concentrated in Bitcoin (BTC) and Ethereum (ETH).
While the broader 24-hour tally reflected large liquidations on both sides of the market, short-term flow skewed toward shorts getting squeezed. In the most recent four-hour window, total exchange liquidations… Read more
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