A $410 million short position liquidation occurred within just 60 minutes in the crypto markets. The sudden wave of forced closures caught bearish traders off-guard, adding significant selling pressure to what was already a volatile session. This scale of liquidation typically signals sharp price movements and can dramatically shift market sentiment in the short term.
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A $410 million short position liquidation occurred within just 60 minutes in the crypto markets. The sudden wave of forced closures caught bearish traders off-guard, adding significant selling pressure to what was already a volatile session. This scale of liquidation typically signals sharp price movements and can dramatically shift market sentiment in the short term.