Crypto Market Faces Sharp Pullback: $83M Liquidated in an Hour
Today, August 19, 2025, the cryptocurrency market experienced a sudden pullback, with over $83 million in liquidations recorded in just one hour. The bulk of these losses, $81.53 million, came from long positions, signaling a brutal wipeout for bullish traders. This follows a broader trend of volatility, with recent web data indicating massive liquidations across Bitcoin, Ethereum, and Solana amid macroeconomic pressures.
The rapid drop, highlighted by real-time posts on X, suggests heightened market fear, potentially triggered by global economic shifts or over-leveraged positions. Charts like the SOL/USDT perpetual pair show a break below key moving averages, reinforcing the bearish sentiment. Traders are advised to watch support levels closely and manage risk, as cascading liquidations could persist.
Stay tuned for more updates as the market stabilizes!
Disclaimer: This is not financial advice. Consult a professional before trading.
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