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Crypto market sees over $330 million in liquidations amid volatility
Over $330 m in crypto positions were liquidated in 24 hours, spotlighting leverage risks and volatility ahead of key policy events.
Digital-asset markets experienced a sharp sell-off, wiping out more than $330 million in leveraged positions in the past 24 hours. The cascade hit long bets across major tokens, triggered by high open interest and falling support levels, analysts say. Bitcoin, Ethereum and other altcoins saw accelerated margin-calls as automation amplified the downward move. The event underscores structural risks in crypto’s leveraged trading environment and raises questions on market resilience ahead of key U.S. policy signals and macro data releases.