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Crypto Market Flash Crash, Over $70 Million Liquidated in Less Than 1 Hour

2 hours ago

On April 27, after Bitcoin plummeted sharply below $78,000, Ethereum fell over 2.4% in nearly an hour—triggering a rapid wave of liquidations across the crypto market. Per Coinglass data, total liquidations hit nearly $70 million in roughly an hour, with long positions accounting for $68.32 million of the wiped-out value.
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