In the last 24 hours, liquidations within the network have surged significantly to a total of $7.44 billion, impacting both long and short positions. The dramatic increase reflects a challenging environment for traders, resulting in a substantial effect on market dynamics. Both sides of the trading spectrum face consequences as the elevated liquidation amounts create volatility. As traders react to market fluctuations, it remains essential to monitor these trends for a clearer understanding of potential outcomes.
