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The past 24 hours have witnessed a total of $528 million in liquidations across the entire network, affecting both long and short positions. Liquidations occur when traders’ positions are forcibly closed due to insufficient margin to maintain them. These liquidations impact the market by contributing to volatility, as they can trigger cascading effects on prices. […]
Network Sees $528 Million in Liquidations Over 24 Hours Read More »
In an unprecedented event within the cryptocurrency market, the largest liquidation of long positions ever recorded has occurred, resulting in a staggering loss of $16 billion. This dramatic turn of events has sent shockwaves through the crypto community, as traders who held long positions found themselves facing severe consequences. The market’s sudden volatility has led
Historic $16B Crypto Liquidation of Longs Amid Market Turmoil Read More »
