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The latest Bitcoin 24-hour crypto liquidations data shows significant market movements across major exchanges. According to recent reports, over $150 million in Bitcoin positions were liquidated during the past 24 hours, with long positions accounting for approximately 65% of the total liquidations.
Major cryptocurrency exchanges including Binance, OKX, and Bybit recorded the highest liquidation volumes. The liquidations occurred primarily during periods of high volatility when Bitcoin\“s price dropped below key support levels around $42,000. This represents one of the largest liquidation events in the past month.
Traders should monitor liquidation levels closely as they often indicate potential market turning points. The current liquidation data suggests that leverage remains high in the Bitcoin market, making it vulnerable to sudden price swings. Market analysts recommend careful risk management strategies when trading Bitcoin derivatives products. |
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