tldr; The article discusses the significant liquidations in the crypto futures market, totaling over $181 million, following a sharp upward push in Bitcoin's price. The majority of the liquidations were from short contracts, amounting to $182 million, while longs also suffered almost $129 million in liquidations. The volatility in the crypto sector has led to these mass liquidation events, making the futures market a risky place to navigate for uninformed traders.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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