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Crypto short sellers are drowning in a deluge of liquidations like Bitcoin (BTC), Etherum (ETH) and other altcoin rallies.

According to the liquidation data of CoinGlasscrypto markets have seen over $180 million in liquidations in the last 24 hours alone.

Since Jan. 13, short sellers have been hit by more than $600 million in liquidations, according to the crypto data platform.

In the past 24 hours, Bitcoin liquidations have reached $34.71 million. The leading crypto by market capitalization is trading at $21,009 at the time of writing, up 23% over the past seven days.

During the same period, Ethereum liquidations reached $47.59 million. The leading smart contract platform by market capitalization is trading at $1,553 at the time of writing, up 21% over the past week.

Despite recent network struggles, ETH competitor Solana (GROUND) liquidations reached $5.87 million in the past day. The 11th largest crypto by market capitalization is trading at $23.10 at the time of writing, up 61% from last week.

Liquidations for the 40th largest crypto by market capitalization, Aptos (APT), have also reached over $5 million in the past 24 hours, reaching $5.36 million at the time of writing. Currently, APT is trading at $8.14, up 112% in the past seven days.

Finally, the Dogecoin meme token (DOGE) liquidations reached $3.29 million in the past day, according to CoinGlass. DOGE is trading at $0.0836 at the time of writing, up 14% from last week.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

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