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Ethereum's 20% Slide Sparks ¥1.5 Trillion Liquidations

The steep drop in Ethereum prices triggered a massive liquidation chain, intensifying sell-offs throughout the cryptocurrency market.

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Summary

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Terms & Concepts
  • Liquidation: The enforced closing of trading positions, often due to margin calls or insufficient collateral.
  • Ethereum: A blockchain network enabling decentralized applications and smart contracts.