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🗣 Longs wiped out as liquidations exceed $870M
Crypto liquidations surpassed $871 million in a single day, with long positions taking the biggest hit.
The sell-off followed statements from Donald Trump concerning Greenland and potential trade tariffs against the European Union. Market weakness emerged with a delay, accelerating after Japanese trading hours and the opening of US futures.
Bitcoin fell below $91,900, Ethereum dropped under $3,200, and altcoins experienced deeper drawdowns.
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