CentBit.Online – Crypto & Blockchain Expert, Bangladesh
The cryptocurrency market experienced a sudden jolt today as over $105 million in leveraged positions were liquidated within 30 minutes, according to data from major derivatives trackers.
The wave of liquidations came amid heightened volatility in Bitcoin (BTC) and Ethereum (ETH) prices, triggering a cascade of forced sell-offs across multiple exchanges. Analysts suggest the move may have been driven by large-scale futures unwinding or automated trading algorithms responding to sharp price fluctuations.
This latest liquidation event underscores the high-risk nature of leveraged crypto trading and its potential to amplify market swings. Traders are being urged to exercise caution, especially with macroeconomic uncertainty and geopolitical tensions continuing to influence investor sentiment.
Despite the sharp sell-off, some market observers see the dip as a potential buying opportunity for long-term holders, noting that overall crypto market fundamentals remain strong.
