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🚨 CRYPTO LIQUIDATIONS TODAY: MASS DELETE OF POSITIONS! 📉💥
Today the crypto market crashed after shocking PPI data from the US, causing over $1 billion in liquidations in 24 hours! 📊😱 According to CoinGlass, long positions suffered the most - over $750 million, while shorts were smaller but still significant. 📉💔 Bitcoin fell below $119K, wiping out $253 million in leverage, Ethereum below $4500 by $180 million in an hour! 🌪️🔥 SOL (-5.12%), XRP (-6.63%), DOGE also hit hard. 🤯💸
Reasons? High inflation makes investors panic, whale sell-offs and correlation with traditional markets. 📉🐳 But is this the end of the bull cycle? Some see an opportunity to buy low! 📈🤑
From Coingape: $538 million long wiped out in an hour due to sudden crash. ⏱️💥 From The Defiant: Market is fragile, with $1B total. ⚠️ From CryptoNews: $1.05B tsunami after inflation data. 🌊😬
Be careful, traders! Don't risk more than you can afford to lose. 🔒👀
#TopContentChallenge
#Gate Releases August Reserves Report
#BTC Hits New ATH
#ETH Countdown To A New High
#Content Mining & Earn Rich Commission