Crypto Crash: $135 Million Liquidated Within 30 Minutes

A sudden and rapid downturn in cryptocurrency prices has resulted in a massive liquidation of over $135 million in positions within just half an hour, highlighting the market’s inherent volatility. This event is one of the sharpest spikes of leveraged exits observed this month, with traders holding long positions, heavily leveraged for potential gains, facing sudden and significant losses as the market swung sharply downwards.