#Over $200 million lost in crypto market crash#

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Overview

Recent cryptocurrency market crashes have been severe. Data shows that in the past 24 hours, total liquidations across all exchanges reached $286 million, with $188 million in long liquidations, accounting for over 65%. In the past hour alone, total liquidations reached $52.97 million, with $43.87 million in long liquidations, accounting for over 82%. This means that the market is experiencing extreme volatility recently. Investors need to be cautious and manage risk.

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Analysis

Recently, the cryptocurrency market has seen a surge in liquidation events. According to the latest data, the total liquidated amount across all exchanges in the past 24 hours reached $286 million, with long positions accounting for $188 million, representing 65.7% of the total liquidated amount. In the past hour alone, the total liquidated amount reached $52.97 million, with long positions accounting for $43.87 million, representing 82.8% of the total liquidated amount. This indicates that the market is experiencing significant volatility and long positions are facing substantial risks. Although Bitcoin's price has risen by 0.31% in the past 24 hours, market sentiment remains cautious. Investors should be mindful of risk management and avoid excessive leverage operations.

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Cryptocurrency market liquidation mainly concentrated on long positions

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BTC liquidation accounts for a high proportion

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The liquidation amount exceeded 286 million US dollars in the past 24 hours

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The liquidation amount exceeded 52.97 million US dollars in the past hour

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