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Crypto liquidations exceed $1 billion as Bitcoin nears 11‑week low

Bitcoin is trading near $75,570 after touching $74,780.91, its lowest intraday level since August 21, 77 days earlier. CoinGlass data shows $1.05 billion in crypto liquidations over the past 24 hours, with long positions accounting for $930.04 million (88.2%). Bitcoin accounted for $267.20 million of the total liquidations, 88.9% from longs, while Ethereum contributed $167.14 million, 81.1% long. The Fear and Greed Index is at 28 points, indicating extreme fear among traders.

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