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Andrew Tate, the social media personality and self-described financial influencer, has re-entered the Bitcoin market with what he is calling a major bet — this after accumulating 107 liquidations on prior positions.
What the Liquidation Count Signals One hundred and seven liquidations is not a rounding error.
Liquidations in crypto derivatives markets occur when a leveraged position moves so far against the trader that the exchange automatically closes it to cover losses.
A count of 107 suggests repeated, likely leveraged, entries that were forced out before Tate could exit on his own terms. The pattern is worth noting before parsing the new announcement.
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