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Crypto

Bitcoin Faces $297M Liquidation Wave as $70K Level Comes Under Pressure

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The crypto markets experienced a significant liquidation wave over the past 24 hours, with Bitcoin (BTC) and Ethereum (ETH) seeing $297.17 million and $491.97 million in liquidations, respectively. Only 7.9% of Bitcoin liquidations and 7.8% of Ethereum liquidations were short positions, as Bitcoin…

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