Market Update: $166M in Long Positions Liquidated

Crypto markets saw massive liquidations over the last 4 hours—over $166 million in long positions getting wiped out. This kind of move typically signals sharp pullbacks or sudden volatility spikes that catch leveraged traders off guard.

When liquidations hit this scale in such a short window, it often reshapes the technical landscape and shifts momentum fast. Traders holding large positions got squeezed, and that kind of volume usually matters for the next few hours of price action.

If you're watching the charts or managing exposure right now, these events are worth paying attention to—they're often early signals before the next wave of volatility.