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The market has been on the rise since this morning — when most of you woke up. Bitcoin just surpassed the 96k mark, Ethereum also didn't stay still and increased to 3.3k, along with a series of altcoins turning green.
However, this morning also recorded an unfortunate event. Approximately 121k short orders were completely liquidated, with total losses reaching 681 million USD. Notably, traders who bet on short positions lost over 90% of their positions — a very high liquidation rate in recent history.