$1.36 Billion Wiped Out of the Crypto Market After a Brutal 24-Hour Flush

TLDR: Crypto liquidation heatmap recorded $1.28 billion in losses as market leverage rapidly unwound. Long positions suffered nearly $996 million in liquidations, far exceeding short-side losses. Bitcoin and Ethereum accounted for over $830 million of total liquidations during the selloff. More than 264,000 traders were liquidated as cascading margin calls accelerated declines. Crypto liquidation heatmap [...]

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