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The crypto market just took a hard hit with over $526 million in long positions getting liquidated in a single hour. This kind of bloodbath doesn't happen without reason—traders were running hot on leverage, and when the price action finally turned south, there was nowhere to hide. The sharp selloff caught a lot of overleveraged positions off guard, exposing just how thin the margin for error can be when you're betting big on continued upside. Markets like this remind everyone why risk management matters. When volatility spikes this aggressively and liquidations pile up this fast, it's a sign that the market structure got stretched too far, too quick.