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Crypto markets hit by massive liquidations once again

The market continued to reel in the aftermath of Donald Trump’s announcement last week to introduce 100% tariffs on Chinese goods.

Over the past 24 hours, the crypto market has witnessed liquidations totaling more than $1.2 billion. Data from Coinglass shows that long positions accounted for the majority of the liquidation with $711.24 million, while shorts comprised $308.30 mil… [880 chars]

Source: The Street | Published: 2025-10-17T17:45:39Z

Credit: The Street

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