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Crypto Liquidations Surge

Bitcoin long liquidations reached $31.86 million in one hour, with Bitcoin falling 0.56% to $76,349. Crypto liquidations in total reached $97.21 million in one hour, with long positions accounting for 98% of losses. Short positions made up $554 million of $913 million in crypto liquidations, including $396 million in Bitcoin and $236 million in Ether liquidations. Ether long liquidations reached $19.46 million across three exchanges, with ETH falling 1.45% to $2,237.

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