Crypto Liquidations Surpass $225 Million in Single Hour
The cryptocurrency market recorded $105 million in long liquidations over a 30-minute window, according to Crypto Briefing.
Update (Nov 13, 03:27 UTC): According to Crypto Briefing, total crypto liquidations reached over $225 million across a single hour.
The cryptocurrency market experienced a sharp wave of liquidations, with long positions accounting for $105 million in forced closures over a span of 30 minutes, according to Crypto Briefing.
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Liquidation Metrics
The sudden market downturn triggered the rapid unwinding of leveraged long positions across trading venues within the compressed 30-minute timeframe.
Key facts
- Total long liquidations reached $105 million.
- The liquidations occurred within a 30-minute window.
- Data was reported by Crypto Briefing.
Source: news.google.com
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