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In the past 1 hour, Bitcoin liquidations totaled $674 million, mainly short positions.

Source: www.coinglass.com
According to CoinGlass data, Bitcoin liquidation amount in the past 1 hour reached $674 million, among which long positions liquidated $23.0843 million, short positions liquidated $651 million, and the market was dominated by short liquidations. BTC price volatility today exceeded 9.06%, with a total of 17,006 users liquidated globally; the largest single liquidation amount was $21.7624 million.

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