In the last 12 hours, liquidations across the network have reached a total of $735 million, primarily driven by long positions. Of this total, $650 million involved the liquidation of long positions. This significant amount reflects the volatility and rapid changes occurring within the market. The impact of these liquidations can be felt widely, affecting traders and investors alike. As the market continues to fluctuate, participants are closely monitoring these developments to assess their implications for future trading strategies.
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