Recent market volatility, particularly Bitcoin's dip below $100,000, has triggered significant liquidations in the crypto market. Over $873 million worth of positions were liquidated in the past day, affecting both long and short positions.

**Key points:**

*Bitcoin:** $489 million in liquidations, highlighting the impact of its price movement.

*Ethereum:** $85 million in liquidations.

*Other Cryptocurrencies:** XRP, Dogecoin, and Solana also saw substantial liquidations.

*Exchanges:** Binance and OKX were among the most affected platforms.

This liquidation wave underscores the high volatility of the crypto market and the risks associated with leveraged trading. Traders with insufficient margin to support their positions were forced to liquidate, leading to significant losses.

It's important to note that while liquidations can be a sign of market stress, they also present opportunities for experienced traders to capitalize on price swings. However, it's crucial to exercise caution and risk management strategies when trading in volatile markets.

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