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Crypto Market Sees $377 Million in Liquidations Over 24 Hours

CoinAnk data reveals significant BTC and ETH position losses, with short positions making up the majority of liquidations.

BTC
ETH

Summary

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Terms & Concepts
  • Liquidation: The forced closure of a trader’s position due to insufficient margin to cover losses.
  • Long Position: A trading position that benefits from rising asset prices.
  • Short Position: A trading position that profits when asset prices fall.