The cryptocurrency market is a whirlwind of activity, and recent events have once again put the spotlight on its inherent volatility. If you’ve been following the digital asset space, you might have heard about a significant shake-up involving crypto futures liquidations. Over the past 24 hours, the market witnessed a staggering $128 million in forced liquidations within the perpetual futures market, with Ethereum (ETH) leading the charge. This dramatic event underscores the risks and rewards present in leveraged trading, leaving many wondering what exactly happened and what it means for the broader crypto landscape.