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Bitcoin Longs Liquidated as BTC Nears August Lows, Analysts Warn

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin long positions face liquidation as price approaches monthly lows.
  • Rising Binance open interest with falling prices signals leveraged long squeeze.
  • CryptoQuant CEO says bull market conditions haven't aligned, with onchain indicators still bearish.
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BTCUSD price history

77727.62 +17.98% over the displayed period

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