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Crypto Liquidations Reach $541M in 24 Hours, Longs Hit Hardest

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Value investing in crypto faces pressure as liquidations hit $541 million in 24 hours, per Coinglass data on December 19. Long positions led with $355 million, short positions at $185 million. Bitcoin saw $189 million in liquidations, Ethereum $143 million. Over 152,000 traders were affected, with the largest single loss at $9.64 million on Hyperliquid’s ETH-USD pair. TA for crypto suggests volatility remains high.
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