180 Millionen US-Dollar wurden in einer Stunde liquidiert, da BTC, ETH und XRP stärker abstürzten

tldr; The cryptocurrency market experienced a sharp downturn, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) leading the decline. BTC dropped to a seven-month low of just over $88,000, while ETH fell below $2,900 and XRP tested the $2.00 level. Over $180 million in liquidations occurred within an hour, primarily from long positions, contributing to a total of $750 million liquidated in the past 24 hours. Nearly 220,000 traders were affected, with the largest single liquidation worth over $24 million.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

This far

I really don’t understand why people are still leverage trading.