Roughly $79.58 million in leveraged crypto positions were liquidated over the past 24 hours, underscoring how fragile derivatives positioning remains even as spot prices show only modest movement. The latest data suggests traders are being forced to unwind exposure amid choppy, rotation-driven volatility rather than a clear market-wide trend.
According to CoinGlass figures compiled over the period, aggregated liquidations totaled about $4.0 million on long positions and approximately $39.58 million on short positions, though the dataset appears to mix reporting standards across exchanges and… Read more
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