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Massive $1.06B Liquidation Event: Trader Loses $88.55M on BTC/USDT Position
Gate News bot message, significant liquidation events occurred in the cryptocurrency market over the last 24 hours, totaling $1.06 billion. A notable incident involved a trader who suffered an $88.55 million loss on a BTC/USDT trade on a centralized exchange.
The liquidation data shows short positions accounted for $965.73 million, while long positions made up $96.67 million of the total liquidations.