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Nearly $1 billion worth of bitcoin in long positions on crypto exchanges were liquidated as markets fell on FTX contagion fears, according to Coinglass data. Total crypto market capitalization slid to $900 billion from over $1 trillion on Wednesday morning. Chart of the Day explains the data: https://www.coindesk.com/videos/recent-videos/dollar940m-bitcoin-longs-liquidated-in-48-hours/ | CoinDesk
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