A recent crypto market crash wiped out $1.15 billion in leveraged positions, with $979 million from long positions. Bitcoin alone saw $404 million in losses, Ethereum $365 million, and over 300,000 traders faced liquidations, including a $27 million BTC position on Huobi, as the market plunged 17.64% in 24 hours, dropping to a market cap low of $1.78 trillion.
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