Bitcoin swings trigger rare split liquidation as longs and shorts both get hit
Recent volatility in Bitcoin prices has led to a rare split liquidation, affecting both long and short positions in the market. As Bitcoin experienced significant swings, traders on both sides faced substantial losses, with liquidations exceeding $200 million in a single day. The market's unpredictable movements have created a challenging environment for investors, prompting concerns about future volatility. Analysts suggest that this situation highlights the risks associated with leveraged trading in the cryptocurrency space.
Read the full article: CoinDesk