Long and short positions are in fierce battle, with losses for short sellers even more severe.

Over the past 24 hours, the cryptocurrency market saw violent fluctuations, with the total liquidation amount reaching $670 million, involving 93,606 traders.

Of this, $380 million was liquidated for short positions, while $290 million was liquidated for long positions.

The largest single liquidation occurred on the Hyperliquid platform, where a long ETH position suffered a loss of $20.28 million.
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