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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.

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)