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flag Over $19 billion in crypto positions were wiped out in a single day, the largest liquidation event on record.

flag The cryptocurrency market experienced its largest-ever liquidation event, with over $19 billion in positions wiped out in a single day, marking the worst crash since the COVID-19 pandemic. flag The turmoil primarily impacted long positions, with approximately $16 billion in longs liquidated as prices plummeted across major digital assets. flag The sharp decline triggered widespread market instability, reflecting heightened volatility and risk in the crypto sector.

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