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Posted by
Two Blokes Jun 13 -
Filed in
Crypto
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8 views
Over the past 24 hours, BTC saw a literal tsunami of long liquidations totaling $415 million - compared to just $28.69 million in shorts - a 1,446% imbalance between the two sides. CoinGlass data shows that this adds up to $443.69 million in total liquidations for Bitcoin alone, caused by a massive price drop that triggered a rush to sell off on derivatives markets.
