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I just looked at the liquidation data from the last 24 hours and things are getting interesting - a total of 647 million dollars were liquidated in the market, but the volume in shorts was very close to the volume of longs liquidated, almost tied. There were 305 million in long positions versus 342 million in short positions.
Bitcoin took the biggest hit with 130 million in longs liquidated and 168 million in shorts. Ethereum also suffered quite a bit - 76 million in longs and 86 million in shorts. Overall, about 158,000 traders were liquidated during this period.
What caught attention was a massive liquidation on Aster - BTCUSDT of over 11 million dollars in a single position. These numbers show how volatile the market is, even with shorts having a slight advantage in liquidated volume.