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The past 24 hours were brutal.
Over $647M in liquidations hit the market, and longs got wiped the hardest with $572.9M gone.
The biggest single hit? An $ETH-USDC long worth $14.48M getting erased.
The 12-hour data says it all:
$571.9M liquidated… almost entirely longs.
This wasn’t a correction... it was a clean reset.