Crypto Derivatives See $403M Liquidations in 24 Hours, Over 116K Traders Hit

According to ChainCatcher citing Coinglass data, over $403 million in crypto derivatives were liquidated in the past 24 hours, with long positions accounting for $314 million and short positions $88.88 million. A total of 116,576 traders were liquidated during the period, with the largest single liquidation hitting $2.96 million on Binance's BTCUSDT pair.
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