The market just took a serious hit—$125 million wiped out in liquidations over the last hour. That's not pocket change. When you see numbers like this, it usually means leveraged positions got caught on the wrong side of a sudden price swing. Could be a cascade effect where one liquidation triggers another, creating a domino situation. Worth watching if this stabilizes or if we're heading into deeper volatility. Either way, risk management looking pretty crucial right about now.