by: xpoolPosted on:

Crypto Liquidations Reach $1.6 Billion, Fueling Market Volatility

A massive crypto liquidation event has caused a significant shakeup in the market, with over $1.6 billion in losses across various exchanges. The sell-off impacted major players like Binance and HTX, leading to cascading liquidations and a sharp downturn in popular cryptocurrencies. Key takeaway: This highlights the high risk associated with leverage in the cryptocurrency space.

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