🚨 Crypto Leverage Reality Check: $67.6M Gone in 24 Hours!
The crypto market just delivered another brutal reminder that leverage cuts both ways. According to Coinglass data, volatility wiped out traders across the board in the last 24 hours.
📉 Liquidation Snapshot (24H):
👥 58,633 traders liquidated globally
💰 Total liquidations: $67.62M
🔴 Long positions: $38.99M
🟢 Short positions: $28.64M
The market clearly leaned against bullish leverage, with longs taking the heavier hit as price swings caught many off guard.
⚠️ Biggest Single Hit:
Platform: Hyperliquid
Pair: FARTCOIN–USD
💥 Liquidation size: $1.46M in a single trade
This event highlights a familiar crypto lesson:
👉 High leverage + sudden volatility = instant wipeout.
Smart traders survive by managing risk, not chasing every move. In times like these, patience and discipline outperform hype.
DYOR No Financial advice!
#Cryptonews #altcoins #liquidation #BTC #ETH $BTC $ETH $FARTCOIN