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Over $50.4 million settled within 24 hours, as short sellers suffer heavy losses—revealing the true nature of market volatility
The total liquidation volume in the cryptocurrency derivatives market exceeded $50.4 million within 24 hours, with 74.11% attributed to short sellers. Significant short positions in Bitcoin, Ethereum, and Solana were unwound, and analysts warned of the risks associated with high leverage, noting that this event reflects a routine market adjustment rather than a systemic crisis.
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