#Over $286 million wiped out in crypto market crash.#

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Overview

Recent crypto margin calls have been severe. Data shows that the total amount of liquidated contracts across the entire network reached $286 million in the past 24 hours. Of this, $188 million was liquidated long positions, accounting for 65.77% of the total. Over the past hour, the total liquidated contracts across the entire network also reached $52.97 million, with $43.87 million being liquidated long positions, accounting for 82.81% of the total. This means that the market has been volatile recently, long-term investors have been hit hard, and margin calls have been severe.

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Analysis

Recent cryptocurrency market crashes have been happening frequently. According to the latest data, the total amount of liquidated contracts in the past 24 hours has reached $286 million, with long positions accounting for the majority at $188 million. In the past hour alone, the total liquidated contracts reached $52.97 million, with long positions accounting for $43.87 million. Although Bitcoin prices have risen slightly in the past 24 hours, the market remains volatile, leading to a large number of investors experiencing liquidations in contract trading. Among them, Bitcoin has a high proportion of liquidation amount, reaching $66.7 million in the past 24 hours and $20.83 million in the past hour. This indicates that the market sentiment is currently cautious, with investors having significant differences in their views on the market trend, leading to frequent liquidation events.

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The cryptocurrency market recently experienced a large-scale liquidation, with a total amount exceeding $286 million.

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The liquidation was mainly dominated by long positions, indicating bullish sentiment in the market. However, the market is highly volatile, with high risks.

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BTC was the main variety of liquidation, accounting for a high proportion of the total liquidation amount.

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Liquidation data is for reference only and does not represent market trends. Investors need to operate cautiously.

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