liquidations from long positions
The network has experienced $41.47 million in liquidations within the last hour, predominantly affecting long positions. This significant liquidation event highlights the volatility present in the market. Traders holding long positions have been particularly impacted, leading to a substantial amount of liquidated assets. The rapid changes in market conditions can trigger such liquidations, underscoring the risks associated with leveraged trading. As the market fluctuates, participants must remain vigilant to avoid similar outcomes.
