After clearing out the long positions, the market started to rally.
Binance News
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Cryptocurrency market liquidated $706 million in 24 hours
According to PANews, Coinglass data shows that in the past 24 hours, the cryptocurrency market has a total contract liquidation of $706 million, of which $596 million was for long orders and $110 million was for short orders.
The total amount of BTC liquidation is US$156 million, and the total amount of ETH liquidation is US$172 million.
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