On October 7, according to Coinglass data, as Bitcoin fell below $83,000, the total liquidation across the network reached $701 million in the past 24 hours. This included $642 million in long positions and $59.11 million in short positions. A total of 122,473 traders were liquidated, with the largest single liquidation occurring on Binance-ETHUSDC worth $26.6438 million.
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