#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 alone, the total liquidation amount has surpassed $50 million, primarily driven by short positions. This indicates high market volatility, and investors should exercise caution and manage their risk accordingly.

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Analysis

Recent cryptocurrency market crashes have been frequent. Data shows that the total amount of liquidated contracts across the entire network reached $223 million in the past 24 hours, with $135 million in long positions liquidated, making longs the main victims. In the past 4 hours alone, the total amount of liquidated contracts exceeded $50 million, with shorts being the main victims. This indicates that the market is experiencing significant volatility, and investors need to be cautious and manage their risks. This liquidation event mainly concentrated on Bitcoin contracts, accounting for 25.69% of the total liquidated amount, indicating that the Bitcoin market is experiencing significant volatility, and investors need to be extra cautious.

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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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In the past 24 hours, the total liquidation amount across all exchanges reached $223 million.

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Over the past 4 hours, the total liquidation amount across all exchanges exceeded $50 million, mainly due to short positions.

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