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**News Flash**

Data: In the past 24 hours, total liquidations across the network amounted to $389 million, with long liquidations at $76.2145 million and short liquidations at $312 million.

Source: coinglass

Time: 2025-12-10 04:00:24

Analysis by Xiao 🍊:

Bearish, Reason: The total liquidation amount is large, and short liquidations far exceed long liquidations, indicating a significant market drop that has also forced many short sellers to close positions, reflecting panic sentiment and extreme volatility, which may trigger further selling.