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Heavy Liquidations Shake the Market
In the last hour, total crypto liquidations crossed $250 million. The damage came from a sharp whipsaw move where Bitcoin spiked toward $71,000, liquidating shorts, and then quickly dumped near $68,000, wiping out over-leveraged longs. This kind of price action shows extreme uncertainty and aggressive leverage on both sides. $BTC #BuyTheDipOrWaitNow?