In the last 24 hours, liquidations across the network totaled $697 million, impacting over 200,000 individuals. This significant figure highlights the volatility present in the market. Liquidations occur when positions are forcibly closed due to insufficient margin, often leading to substantial financial losses for traders. The scale of these liquidations indicates a widespread effect on participants within the network. As market conditions fluctuate, the risk of liquidation remains a critical concern for traders and investors alike.
