SAPIEN and GIGGLE liquidation
SAPIEN and GIGGLE have seen the second-largest liquidation in the last four hours, trailing only behind Bitcoin and Ethereum. This significant liquidation involves SAPIEN, which has been liquidated in both short-term long and short positions. The impact of these liquidations has raised attention within the trading community, as traders assess the implications for market dynamics. Liquidations occur when positions are forcibly closed due to insufficient margin, leading to heightened volatility and potential losses for traders. The recent activity surrounding SAPIEN and GIGGLE underscores the ongoing fluctuations in the cryptocurrency market and the risks involved in trading.
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Last updated on November 6th, 2025 at 07:33 am
