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Crypto Futures Liquidations Hit $712.5M in 24 Hours Amid Massive Longs Liquidation
In the past 24 hours, the aggregate liquidations in cryptocurrency futures markets amounted to $712.5 million, with longs accounting for $650 million and shorts for $62.5 million.
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AI Analysis
The recent data showing total liquidations of $712.5 million in the cryptocurrency futures market highlights a period of high volatility and potential market correction. The vast majority of these liq...
AI Recommendation
Given the massive liquidation of long positions and the high volatility implied, traders should exercise caution and be prepared for further market fluctuations. It might be prudent to avoid entering ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.