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$BTC's massive crash caused a liquidation of $345 million overnight across the network.|

Firstly, USDT was on the brink of a crisis: On October 26, The Wall Street Journal reported that Tether could face penalties for doing business with organizations on the U.S. sanctions list.

This directly triggered a wave of panic. All my long positions got wiped out!!

This morning, Tether has already issued a statement to dispel the rumors.

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