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$210 million in liquidation within half an hour!
After nearly two weeks of market calm, the trading market finally experienced intense volatility. In just 30 minutes, the entire network's contract market triggered a massive liquidation event, with the liquidation amount reaching $210 million. Prior to this move, the market was quiet, and the sudden influx of large liquidation signals indicated that both long and short sides were hit. From the trading data, this volatility broke the previous stalemate, and the battle between bulls and bears has heated up again. Market participants need to closely monitor subsequent price movements and position changes.