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      Network Sees $122 Million in Liquidations, Primarily from Short Positions

      In a significant market event, the cryptocurrency network experienced liquidations totaling $122 million within the past hour, predominantly affecting short positions. Data from CoinGlass indicates that while long positions accounted for approximately $2.6 million in liquidations, short positions were hit much harder, with liquidations amounting to around $119 million.

      Bitcoin (BTC) saw the largest share of these liquidations, with approximately $88.3 million liquidated. Ethereum (ETH) followed with about $18.3 million, and Solana (SOL) experienced liquidations totaling around $5.1 million. This wave of liquidations reflects the volatility and rapid changes often seen in cryptocurrency markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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