Bitcoin’s Price Dumps by More Than $3K in Minutes: Over $100M Longs Liquidated
Bitcoin’s price took a sudden dive, and lost over $3,000 in the past few minutes.
The crash took place following a relatively calm daily trading session where BTC looked as if it were to continue consolidating.
Data from the popular analytics resource Coinglass reveals that the total number of long liquidations within the last hour alone is around $100 million.
The total number of liquidated positions for the last 24 hours is around $141 million, the majority of which are longs.
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