Crypto liquidations top $214 million after Senate fails to advance CLARITY Act

  • Senate failed to advance CLARITY Act, followed by more than $214 million in liquidations.
  • More than $214 million in crypto liquidations were recorded over the past hour.
  • CoinGlass was cited as the source for the liquidation figure.

More than $214 million in crypto liquidations, or forced closures of leveraged positions, were recorded over the past hour after the Senate failed to advance the CLARITY Act. CoinGlass reported the figure through its @coinglass_com account.

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