$54.08 million in liquidations
In the last hour, the network has reported total liquidations amounting to $54.08 million, affecting both long and short positions. Liquidations occur when market participants are forced to exit their positions, often resulting from adverse price movements. This recent surge in liquidations indicates heightened volatility and may reflect changing market sentiments among traders. Both long and short positions have been impacted, suggesting a widespread effect across the trading spectrum. The dynamics of the market continue to evolve as participants adjust their strategies in response to these rapid changes.
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