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According to Coinglass, approximately $706 million in positions were liquidated over the past 24 hours. Of this, long positions were $456 million, and short positions were $249 million+.

By asset, Ethereum ranked first in liquidation volume at $234 million, Bitcoin at $168 million, and other altcoins totaled $68 million.

Spot Bitcoin ETFs saw a $326 million net outflow on Monday, marking two consecutive days of outflows, and spot Ethereum ETFs also saw a $428 million net outflow, likewise declining for two straight days.

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