The entire network has faced over $400 million in liquidations within the last 24 hours, with long positions being significantly affected. Market conditions in recent hours have contributed to a volatile trading environment, triggering widespread liquidations. Traders holding long positions have experienced the most substantial losses as prices fell sharply. As a result, many liquidated positions reflect the risks associated with leveraged trading in the current market. Investors are advised to approach trading cautiously amid these fluctuations.
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