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EthereumSource: Crypto Economy ·

Crypto Market Suffers $1B in Liquidations as Bitcoin and Ethereum Extend Losses

Over $1 billion in leveraged positions were liquidated in the cryptocurrency market during the episode. Long positions accounted for approximately 88.2% of the total recorded liquidation volume. Bitcoin touched an intraday low near $74,780, while Ethereum registered losses exceeding 7%.

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