On April 2, according to Coinglass data, STO plummeted by 67% in the past 22 minutes, with liquidations totaling $19.77 million in the last hour. This includes $2.32 million in long liquidations and $17.44 million in short liquidations. The data indicates that even with the price surge, most traders opted to short rather than go long.
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STO Liquidations Near $20 Million in the Past Hour
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