Crypto markets saw roughly $608 million in leveraged position liquidations over the past 24 hours during a drop in Ether prices, according to market data cited by Techub News. ETH long positions accounted for the largest share of the wipeout. Binance recorded about $26.64 million in liquidations. The figures point to a sharp bout of volatility over a short trading window and highlight the risks tied to leveraged crypto exposure when prices move quickly.
Crypto markets recorded about $608 million in leveraged liquidations over the past 24 hours during a decline in Ether prices, according to market data cited by Techub News. ETH long positions made up the dominant share of the liquidations.
Binance accounted for about $26.64 million of the total. The move highlights the volatility and risk in the crypto market over a short period.
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