[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader's experience
Big declines across the board prompted over $307 million in liquidations of leveraged crypto long positions – bets on higher prices – over the past 24 hours, data from CoinGlass shows. This was the largest amount of liquidated longs in a day since August 17, when bitcoin (BTC) plunged from above $28,000 to about $25,000 in the space of a few minutes.
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