Biggest Bitcoin Bloodbath in History of Binance Just Happened

  • Though the recent price correction of Bitcoin has caused some concern, it is a relatively controlled shakeout in comparison to earlier liquidation cascades. Although the price has fallen from the $110,000 range to about $103,000, as of press time, liquidations on significant exchanges such as Binance have remained remarkably contained, with no long position worth more than $200 million being wiped out.