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Bitcoin (BTCUSD) Tumbles After Massive Long Liquidations, Leverage Squeeze

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • CoinGlass reports $5.62M in four-hour Bitcoin liquidations, with $5.28M in longs squeezed versus $345K in shorts, signaling extreme long-side leverage and short-term downside risk.
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BTCUSD price history

78765.85 +19.56% over the displayed period

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