The entire network blew up $169 million in the past 4 hours, mainly in long orders
Coinglass data shows that along with the crypto market's sharp retracement, $169 million in positions were blown across the network in the past 4 hours, with $145 million in long positions and $24.5 million in short positions; in addition, $56.82 million in bitcoin and $33.91 million in ethereum positions were blown.
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