According to Cointelegraph, over 435,000 traders were liquidated within a 24-hour period, resulting in total losses of $1.42 billion. This significant event highlights the volatility and risks associated with trading in the cryptocurrency market. The liquidations occurred as market conditions shifted, impacting a large number of traders globally. Such events underscore the importance of risk management and awareness in the fast-paced world of digital currency trading.
435,000 Traders Face $1.42 Billion in Liquidations Over 24 Hours
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