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This happens when the market moves against the trader's position, resulting in the depletion of their initial margin. shows Bitcoin has seen liquidations of $95.97 million in the past 24 hours. Of these figures, long positions accounted for $62.7 million, while short positions accounted for $33.24 million. Per liquidations from exchanges, Binance recorded the highest order at $103.9 million, followed by OKX with $92.68 million within the last 24 hours.
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