Shock Wave in Crypto: $101 Million Futures Liquidation Triggers Market Shakeup

The cryptocurrency market experienced a significant jolt last week when a massive $101 million worth of futures positions were liquidated within just one hour, sending shockwaves through trading communities worldwide. This sudden and dramatic event underscores the inherent volatility in digital asset markets. While initial fear and uncertainty may arise, understanding the key factors behind this large-scale liquidation is crucial for navigating future market swings.