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Crypto futures liquidations reach $107 million in one hour

  • Major exchanges recorded $107 million in futures liquidations during the past hour.
  • $378 million worth of futures were liquidated across major exchanges over 24 hours.
  • Futures liquidations cover positions forcibly closed by exchanges when margin requirements are unmet.

Major exchanges recorded $107 million worth of futures liquidations in the past hour, bringing the 24-hour total to $378 million. Liquidations occur when exchanges forcibly close leveraged futures positions after traders no longer meet margin requirements.

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