Crypto Market Liquidations Reach $500M as Institutional Investors Face Liquidity Pressures

In a major development impacting the crypto market, over $500 million in long positions have been liquidated within the past 24 hours. This move has significantly affected major cryptocurrency assets like Bitcoin and Ethereum. The rapid liquidation highlights a period of heightened market instability, leading to deleveraging activities among institutional investors, who are now struggling with liquidity challenges.