Crypto Perpetual Futures Liquidations Hit $152 Million, Market Shocks Traders

The cryptocurrency market experienced a dramatic shakeup as crypto perpetual futures liquidations reached a staggering $152 million within just 24 hours. This massive event, highlighting the inherent risks of leveraged trading, sent ripples throughout the market, impacting countless traders across major digital assets. Understanding these liquidations is critical for anyone navigating this dynamic world. This article provides an in-depth analysis of the causes and consequences behind this significant price movement.