In the last 24 hours, liquidations across the entire network reached $301 million, leading to significant long and short squeezes. This substantial amount reflects the volatility within the market. Liquidations occur when positions are forcibly closed as a result of margin calls, which can amplify price movements. The recent activity indicates a turbulent trading environment, affecting both buyers and sellers. Market participants are advised to remain vigilant as these fluctuations can lead to further volatility in the near future.
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