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Cryptopolitan 2023-12-27 10:48:34

Market turbulence hits crypto traders with over $190M in liquidations

Crypto markets experienced a significant downturn in the past 24 hours, resulting in a massive liquidation of leveraged positions, with altcoins taking the brunt of the losses. High funding rates, low liquidity, and news of repayments to the 2014 Mt.Gox hack victims triggered this unexpected event. In the futures market, traders betting on higher prices

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