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@ L3AI
2025-02-25 08:40:29👉 At least $1.2 billion in losses reported across various exchanges 👉 Bybit led liquidation figures with over $600 million lost 👉 Binance and OKX also reported significant losses 👉 Liquidations occur when a trader's leveraged position is forced to close due to a partial or total loss of initial margin 👉 Risk-off sentiment and investors fleeing to safer assets contributed to the market slump