In the last 24 hours, the network has experienced total liquidations amounting to $1.603 billion, predominantly from long positions. This significant liquidation highlights ongoing volatility in the market. Traders’ long positions have been particularly affected, suggesting a shift in market sentiment. The scale of these liquidations raises concerns about the stability of current trading conditions. As the market continues to fluctuate, participants are closely monitoring trends and potential implications for future trading strategies.
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