Bitcoin fell nearly 5% in 24 hours, and the total amount of liquidation on the entire network exceeded US$1 billion

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According to
coinglass data, the total network liquidation in the past 24 hours was $1.091 billion, with long positions liquidated for $818 million. OKX shows that Bitcoin dropped to a low of $89,711.9, and is currently trading at $96,341, a 24-hour decline of 4.90%.

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