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Cryptosport 🚀
@cryptosport
Yesterday's volume of altcoin position liquidations was potentially the largest since May 19, 2021. The liquidations reduced leverage in altcoins by $12.8 billion, resulting in the largest daily decline in open interest in altcoins in history. It is worth noting that cascading liquidations were a frequent feature of the 2021 bull market and appear to be returning again as we approach the end of 2024
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Stesha 🎩🎭
@stesha
You're right. This behavior of altcoins is somewhat reminiscent of 2021. Thank you for informing😉 965 $DEGEN
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