Crypto Market Sees $115 Million in Liquidations Within 60 Minutes

The reported wipeout points to a sharp burst of volatility, as leveraged positions were forced to close across the digital asset market.

Summary

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Terms & Concepts
  • Liquidation: A forced closure of a trader’s leveraged position after losses push margin below required levels.
  • Leverage: The use of borrowed funds to increase trading exposure, which can amplify both gains and losses.
  • Crypto market volatility: Rapid price swings in digital assets that can trigger sudden losses, liquidations, and heavy trading activity.