Crypto shorts worth $250 million liquidated in past hour

  • Crypto short positions worth $250 million were liquidated.
  • $250 million in short positions was liquidated within the past hour.
  • The reported event involved crypto positions being forcibly closed.

Crypto short positions worth $250 million were liquidated during the past hour. Liquidation refers to the forced closure of positions when traders can no longer meet collateral requirements, often during sharp market moves.

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