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Details: https://www.gate.com/announcements/article/47889
Here is some recent liquidation data from various exchanges as of February 9, 2025
#BTC - Liquidated Long: $520K at $96,295.63
#ETH - Liquidated Short: $171.5M at $3,020.00
#BNB - Liquidated Long: $118K at $590.04
#ADA - Liquidated Short: $56.2K at $0.104