Liquidations Update:
Over the last 24 hours, $12.1M in liquidations were processed on Drift.
The total liquidated amount over the last 48 hours now stands at $15.2M.
At the peak of volatility, 3,027 users faced liquidation but were risk-managed through partial liquidation events, reducing their total exposure to avoid complete wipeouts.
No socialised loss occurred. Drift continues to monitor market conditions.
Stay safe out there!
