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Crypto Price Whipsaw Triggers $256M in Liquidation Losses

Liquidations are likely to have less impact on spot prices thanks to declining open interest, FalconX's head of research noted.

By Krisztian Sandor|Edited by Stephen Alpher
Updated Sep 12, 2023, 5:19 p.m. Published Sep 12, 2023, 5:19 p.m.
The swift price movements over the past two days wiped out leveraged long and short positions. (Kurt Anderson/Unsplash)
The swift price movements over the past two days wiped out leveraged long and short positions. (Kurt Anderson/Unsplash)

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