Crypto Long Liquidations Reach $631 Million in 24 Hours
Crypto traders saw $631 million in long positions liquidated across markets over 24 hours. Bitcoin traded between roughly $76,000 and $80,500 during the period.
Crypto traders betting on higher prices just had a rough day. Over the past 24 hours, $631 million in long positions were liquidated across crypto markets.Bitcoin spent the period moving between roughly $76,000 and $80,500. A swing like that sounds modest for crypto. For traders running on borrowed…