In the last four hours, the network has experienced a total liquidation amounting to $77.5339 million, predominantly affecting long positions. This significant liquidation reflects a broader trend within the trading environment. Traders holding long positions have faced substantial losses, leading to a wave of liquidations. Market volatility often prompts such actions, as positions are forcibly closed to cover margin requirements. The impact of these liquidations can ripple through the market, affecting overall sentiment and trading strategies.
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