Crypto Market Suffers Huge Liquidation — Raoul Pal Encourages Investors To Capitalize on the Dip

The cryptocurrency market has witnessed a massive liquidation, losing $19.38 billion in a span of 24 hours due to macroeconomic uncertainties.

Despite the significant drop, Raoul Pal, the founder of Real Vision, is urging investors to take advantage of the situation and increase their holdings.

The crypto market underwent a substantial liquidation event last week, triggered by uncertainties surrounding trade tariffs. Data from CoinGlass indicated a loss of $19.38 billion within a day as asset prices plummeted to unforeseen lows.

Pal attributes the bulk of the market reaction to short-term traders, particularly those who traded using leveraged positions.

Full story available on Benzinga.com