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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- Source: https://www.coindesk.com/markets/2023/11/14/crypto-bulls-hit-by-300m-in-liquidations-as-bitcoin-ether-buckle-on-fizzling-etf-momentum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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