Over 700 million orders liquidated, short sellers made a killing this wave.

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CoinNetwork
CoinWorld News: In the past 24 hours, the total contract liquidation amount across the entire network reached $1.01B, with long position liquidations amounting to $701 million. The current price of Bitcoin is $58,290.68, a decrease of 2.99% in the last 24 hours. In this liquidation, Bitcoin's liquidation amount was $483 million, accounting for 47.96%.
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