The recent liquidation event has surpassed the scale of both the COVID and FTX market crashes. With $1.7 billion liquidated in the past 24 hours, it exceeds the $1.2 billion from the COVID crash and the $1.6 billion from the FTX collapse.
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The recent liquidation event has surpassed the scale of both the COVID and FTX market crashes. With $1.7 billion liquidated in the past 24 hours, it exceeds the $1.2 billion from the COVID crash and the $1.6 billion from the FTX collapse.