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Posted by
Two Blokes Jul 26 -
Filed in
Crypto
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2 views
The crypto market witnessed a sharp downturn over the past 24 hours, with Bitcoin's price plunging below $116,000, leading to widespread liquidations across leveraged positions. The sell-off wiped out nearly $600 million in long positions, catching more than 213,000 traders off guard in what some analysts are calling a textbook leverage flush.
