Crypto Futures Liquidations Trigger $1 Billion Shockwave

A recent surge in crypto futures liquidations, totaling over $563 million within a single hour, has sent shockwaves through the market. This dramatic event, fueled by sharp price drops across various cryptocurrencies, highlights the inherent volatility of this market space. To understand how this happened, let’s break down the concept of crypto futures liquidation and explore the key factors driving this recent surge in market volatility.