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Ethereum Liquidations Hit $12.48M in One Hour, Outpacing Bitcoin

Over the last hour I noticed Ethereum's liquidation volume spike to $12.4786 million, whereas Bitcoin's liquidation volume was markedly lower at $2.5879 million. This sharp contrast highlights a concentrated bout of liquidations in the Ethereum market compared to Bitcoin on the same timescale.

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AI Analysis

The data point shows a pronounced imbalance between Ethereum and Bitcoin liquidation volumes within a one-hour window. A $12.4786 million liquidation reading for Ethereum compared with $2.5879 million...

AI Recommendation

Given this snapshot, I recommend monitoring Ethereum order books and funding rates closely over the next few hours to see if the liquidation pressure persists or if it was a transient event. Persisten...

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.

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