Tag: Coinglass

Bitcoin’s Plunge Sparks Massive Liquidation of Long Positions

In the past 24 hours, 51,553 traders were liquidated, the total liquidations coming in at $132.91 million. Bitcoin, of course, represented the largest share of the liquidations, with over $38.85 million worth of longs liquidated in the period. Coinglass also indicates that in the same 24-hour period, about $22 million of shorts was liquidated. This …

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