The crypto market experienced a “leverage purge,” with Bitcoin falling below $112,600 and liquidations surging to $1.7 billion.

On Tuesday, the crypto market experienced a sharp correction, shrinking the total market capitalization to approximately $3.9 trillion. Bitcoin plummeted towards $112,000, erasing all of its gains for the week. Ethereum, BNB, and Solana fell even further, triggering panic selling.

According to Coinglass data, approximately $1.7 billion in leveraged positions, mostly long positions, were liquidated in the past 24 hours, marking the largest liquidation this year and accelerating the current decline.

With funding rates turning negative and trader sentiment growing cautious, the market may be nearing a local low. Analyst firm 10X Research recommends investors look for bargain hunting opportunities before October.

CLSMining offers a new cloud mining platform to rapidly grow your crypto assets.

CLSMining Platform Contract

                                            (Get more contract details)

How to Participate in CLSMining Cloud Mining Assets:

1. One-minute free registration: Create an account now to receive a $15 bonus and a stable daily return of $0.6.

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3. Automatic Profit Deposit: Daily settlements eliminate manual operations and allow withdrawals to your crypto wallet at any time.

CLSMining exclusive advantages:

1. Green Computing Power: Our mining farm fully utilizes renewable energy, balancing environmental protection with low-cost operations.

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3. Seamless Multi-Currency Settlement: Perfectly compatible with major currencies such as BTC, ETH, DOGE, USDT, and SOL, allowing you to receive payments anytime, anywhere.

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5. Affiliate Program Sharing: Participate in the affiliate referral program and earn up to 4.5% in profits.

Future Prospects of Security and Intelligence

In the future, CLSMining will witness security and intelligence becoming the core driving forces of the digital economy. With the rapid convergence of artificial intelligence, big data, and blockchain technologies, intelligent systems can not only improve production efficiency but also proactively identify and mitigate potential risks, providing more reliable security for individuals and businesses.

Decentralized technology will enhance data transparency and privacy protection, while intelligent scheduling and automated operations will drive green and sustainable industrial upgrades. It is foreseeable that a smart future that combines efficiency, security, and environmental protection is accelerating, injecting new vitality into the global economy.

Overview

Headquartered in the UK, we are registered with the Financial Conduct Authority (FCA) and engage in financial management business. We are officially authorized and regulated by the Financial Services Authority (FSA) and comply with local laws and regulations.

Our platform is legal and compliant, 100% trustworthy, and secure, offering flexible contracts, instant withdrawals, and no hidden fees or maintenance charges! As a professional cryptocurrency platform, we serve 5 million users worldwide and have been operating safely for over 4 years. Our contracts are 100% risk-free, 100% profitable, 100% transparent, and 100% secure. We provide professional investment advice tailored to your needs.

For more information, please visit our official website: http://clsmining.com

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