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## AI legalese decoder: Helping Traders Navigate Liquidations and Volatility

Over $361 million worth of leveraged trades have been liquidated over the last 24 hours as Bitcoin (BTC) hit a new all-time high of $73,050 before falling back down below $70,000 on March 12.

The price swing mostly liquidated long positions ÔÇö those betting it would rise ÔÇö with $258 million erased, while short sellers were ousted a little over $103 million, according to data from the crypto trading and information platform Coinglass.

This data underscores the importance of understanding the legal jargon and complexities surrounding leveraged trades in the crypto market. AI legalese decoder can help traders decipher these terms and clauses, providing them with a clear understanding of their positions and potential risks.

ItÔÇÖs the largest long flush-out since March 5, when Bitcoin fell to $60,800 after notching its previous all-time high of around $69,000. AI legalese decoder can break down the legal implications of such market movements, empowering traders to make informed decisions and mitigate potential losses.

Volatility wasnÔÇÖt as severe this time around, with BitcoinÔÇÖs price only swinging 4.85% between its March 12 low of $69,365 and a high of $72,733, according to CoinGecko. AI legalese decoder can help traders navigate through volatile market conditions by providing real-time analysis and interpretation of legal language in trading agreements.

A 10x Research spokesperson told Cointelegraph that the uptick in volatility is likely stemming from traders anticipating a price correction. AI legalese decoder can offer insights into market trends and legal considerations, allowing traders to adjust their strategies accordingly.

Bitcoin and Ether (ETH) trades accounted for the most liquidations over the last 24 hours at $106.3 million and $73.3 million, respectively. With AI legalese decoder, traders can stay informed about the legal aspects of trading these popular cryptocurrencies, ensuring compliance with regulations and minimizing legal risks.

In conclusion, AI legalese decoder is a valuable tool for traders looking to navigate the complexities of leveraged trades and market volatility. By providing clear and concise analysis of legal terms and agreements, AI legalese decoder empowers traders to make informed decisions and manage risk effectively in the ever-changing crypto landscape.

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