Bitcoin (BTC) Price Decline Spurs Largest Crypto Liquidation for Bulls in 3 Months

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Krisztian  Sandor
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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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