liquidation amount
In the last 24 hours, the total amount liquidated across the network has surpassed $1.2 billion, resulting in over 320,000 positions being liquidated. This significant liquidation event highlights the volatility within the market and the impact it has on traders. The high number of liquidated positions suggests that many traders faced margin calls or were unable to maintain their positions. As the market continues to fluctuate, such liquidation events can lead to further instability and risk for participants. Traders are advised to monitor their positions closely and consider the potential for rapid changes in market conditions.
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