Approximately 101,292 positions were liquidated over the past 24 hours according to a report by Whale Insider. The total liquidated value varies between $114 million and $202.7 million depending on the data source. These large-scale liquidations reflect heightened market volatility and a sector-wide deleveraging process, primarily affecting leveraged crypto derivatives. This event could influence investor confidence and affect the valuation of assets such as Hyperliquid.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
