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Crypto liquidations surpass $1.2 billion on November 10

ME News reported, citing Coinglass data, that cryptocurrency liquidations exceeded $1.2 billion on November 10 (UTC+8), with long positions accounting for $1.04 billion. The Bitcoin price briefly fell to $73,500, rebounded briefly above $75,400, and then declined again. More than $324 million in Bitcoin leveraged positions were liquidated, including over $281 million in longs. Ethereum liquidations exceeded $507 million. (Source: ODAILY)
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