In accordance with Cryptonewsland, the cryptocurrency market experienced a sharp downturn this week, with over $900 million in liquidations within 24 hours. Major altcoins including Aptos (APT), Pi (PI), Hyperliquid (HYPE), Sui (SUI), and Litecoin (LTC) each fell more than 50% from their recent highs. Analysts attribute the drop to heightened volatility, margin calls, and panic selling amid tightening liquidity conditions. The crash is being referred to as one of the most significant liquidation events of the year, with mass unwinding of futures contracts on both decentralized and centralized exchanges. Market strategists expect a period of consolidation before any meaningful recovery occurs.
Over $900M in Crypto Liquidations Trigger 50%+ Drops in Altcoins Like APT, SUI, and LTC
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