Global Liquidations Hit $631M in 24 Hours, Short Positions Dominate

According to Coinglass, global cryptocurrency liquidations totaled $631 million in the past 24 hours, with short positions accounting for $534 million and long positions for $96.48 million. The liquidation wave affected 125,126 traders, with the largest single liquidation of $12.03 million occurring on Binance's ETHUSDT pair.
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