#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, over $223 million has been liquidated across the entire network, with $135 million of that being long positions. In the past 4 hours alone, over $50 million has been liquidated, primarily short positions. This indicates a volatile market, and investors should exercise caution and manage their risk accordingly.

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Analysis

Recent cryptocurrency market crashes have been frequent. According to statistics, the total amount of liquidated contracts across the entire network in the past 24 hours reached $223 million, with $135 million in long positions liquidated, accounting for 60.54% of the total liquidated amount. In the past 4 hours, the total amount of liquidated contracts across the entire network also exceeded $50 million, mainly due to short positions being liquidated. This liquidation event mainly concentrated on Bitcoin contracts, accounting for 25.69% of the total liquidated amount. Analysts pointed out that the recent volatility in the cryptocurrency market has led to fluctuations in investor sentiment, triggering large-scale liquidation events. This liquidation event also reminds investors to be cautious when engaging in contract trading, control risks, avoid excessive leverage, and prevent liquidation.

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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 in long positions, with BTC accounting for the highest proportion of liquidated funds.

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

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The market is experiencing significant volatility, and investors should exercise caution and manage their risk.

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