Cryptocurrency Market Sees $440.6 Million in Leveraged Positions Liquidated in 24 Hours

Over the past 24 hours, approximately $440.6 million in leveraged positions were liquidated across major cryptocurrency markets. Aggregating ticker-specific data, long position liquidations amounted to about $1.43 billion, while short position liquidations reached approximately $1.83 billion, confirming an overall trend of dominant short position liquidations. This suggests that even short positions aiming for a short-term rebound amidst recent bearish adjustments were shaken, indicating increased market volatility.

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