#Crypto crash exceeds $200 million#

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Overview

The crypto market has seen a significant number of liquidations recently. In the past 24 hours, the total liquidation amount has exceeded $223 million, with long positions accounting for $135 million. In the past 4 hours, the total liquidation amount has also exceeded $50 million, mainly driven by short positions. This indicates that the market is experiencing significant volatility, and investors need to be cautious and manage their risks.

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Analysis

There has been a large-scale liquidation in the cryptocurrency market recently. Data shows that the total liquidation amount across all contracts in the past 24 hours reached $223 million, with $135 million in long positions liquidated, accounting for 60.54% of the total liquidation amount. In the past 4 hours, the total liquidation amount also exceeded $50 million, mainly due to short position liquidations. This indicates that the market is experiencing significant volatility, and investors need to be cautious in their operations, avoid excessive leverage, and manage their risks effectively.

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The cryptocurrency market has recently seen a large-scale liquidation, with losses exceeding $200 million.

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Liquidations are mainly concentrated on long positions, with BTC accounting for a significant portion of the losses.

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Over the past 24 hours, the total liquidation amount across all contracts has reached $223 million.

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Price fluctuations are the main reason for liquidations, for example, BTC has fallen by 0.49% in the past 24 hours.

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