Market Mayhem: Cryptocurrency Traders Hit Hard with $400 Million in Liquidations

In a tumultuous 24-hour period, nearly 120,000 crypto traders experienced substantial losses, surpassing the $400 million mark as digital asset prices took a nosedive during the opening of Asia trading hours on December 11. Data from Coinglass reveals that long positions bore the brunt of the losses, accounting for approximately $356 million, marking the most …

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