The sudden decline in crypto money markets yesterday led to a liquidation of approximately $ 735 million in markets. The biggest losses were observed among investors who invest in crypto currencies that lost value in a short time. In particular, investors waiting for the price increase called “Taurus konu were unexpectedly affected by this decrease.
Altcoins suffered more losses
According to Coings’s data, Ethereum (ETH) 
$3,675.13 Investors were the most lost group with approximately $ 152.78 million. Following this, XRP investors ranked second with $ 88,58 million liquidation. Bitcoin 
$118,630.73 On the side, the damage remained relatively less than 65.29 million dollars. This pointed out that the interest in Altcoins has increased in the past weeks.
Considering the market values, the fact that Bitcoin has a deeper liquidity, although more damage to subcoins, showed an increase in the risk appetite of investors. According to experts, the high leverage used by individual investors in Altcoins accelerated the loss of major losses. Crypto investors’ application – the reason will surprise you!
Other crypto currencies were also affected
Not only Ethereum and XRP, but Solana’s left tokene, the decline experienced a serious loss with $ 41 million liquidation. Dogcoin 
$0.256128 For (Doge), this figure was 40 million dollars, while the smaller -decentralized finance (defi) tokens (CMB and PUMP) was also liquidated at ten million dollars.
The merger of the sales pressure felt in the markets with the realization of profit realization at the levels of resistance and resistance levels increased the impact of the decline. The fact that Ethereum recently approached $ 4,000 and Bitcoin’s exceeding $ 118,000 has led to a large wallet owners to get profit, which brought significant amounts of sales.
Role of leveraged positions and liquidation
In the crypto market, liquidations are compulsory when the price exceeds the margin level of the investor in leveraged transactions. Such liquidations can bring large -scale losses in sudden fluctuations and cause chain sales.
According to Coings data: “The liquidation of $ 625.5 million took place in long positions, which shows that many investors were affected by sudden sales.”
Investors use liquidation data, market sensitivity and orientation. Comprehensive long position liquidations are often considered a sign of panic -related hard bottoms. Liquidations in short positions can offer a signal that there may be jams in prices.
Sudden increases in liquidation rates, excessive crowded operations and possible direction changes. The liquidation data, which is followed with open position and funding rate, creates strategic entry-exit points for investors, especially in markets with excessive transaction volume and open to sudden price movements.
At the end of Tuesday, Ethereum prices decreased by about 3.6 %to $ 3.540, and XRP fell to $ 3.25 with 6 %depreciation. This decrease means loss of over 12 %on a weekly basis for XRP. Bitcoin was traded around 116,800 dollars with a decline of approximately 2 %.
The latest developments in crypto currencies reveal that there is always a market risk that may lead to sudden losses, especially for investors using high leverage. For investors, these data show that purchase-sale decisions should be re-evaluated by watching market movements. Market indicators, such as open position size and funding rate, may benefit from predicting sudden or down movements as well as potential risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
