Over $50M in Crypto Liquidations in Past Hour, Bitcoin Losses Hit $11.27M

BTC2.41%
According to Coinglass, over $50.08 million in positions were liquidated across derivatives markets in the past hour on July 7, with long positions accounting for $40.8 million and short positions for $9.28 million. Bitcoin liquidations reached $11.27 million during the same period.
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