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long positions loss

Bitcoin Liquidation: $16.8 Billion Loss in Market Shock

Bitcoin liquidation recently captured headlines as the cryptocurrency experienced a severe market downturn that saw its price dip below $110,000, a shocking event that initiated $19.31 billion in liquidations.This massive sell-off impacted over 1.6 million traders, predominantly affecting long positions, which suffered a staggering loss of $16.81 billion in a single day.

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