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Bitcoin, Ethereum Lead as Crypto Liquidations Hit $258M in 4 Hours

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Bitcoin, Ethereum Lead as Crypto Liquidations Hit $258M in 4 Hours

A sharp market downturn triggered a wave of forced liquidations, wiping out over $250 million in leveraged positions within just four hours, led by Bitcoin. Leveraged traders took a significant hit today as the market entered another rapid deleveraging phase.

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