Over $120 Million in Crypto Short Positions Liquidated in One Hour
A rapid market movement erased more than $120 million in cryptocurrency short positions within a single hour, indicating heightened volatility.
Summary
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Terms & Concepts
Short Position: A trading strategy where an investor sells borrowed assets, betting their price will decline, intending to buy them back at a lower price.
Liquidation: The forced closure of a trading position when margin requirements are not met, often resulting in losses for the trader.