Bitcoin Bulls Take the Biggest Hit in a $1.49 Billion Crypto Liquidation Day
Crypto traders lost $1.49 billion to forced liquidations over the past 24 hours, Coinglass data shows. Bullish bets on Bitcoin (BTC) took the heaviest blow. Most of those losses landed on one side of the market. However, one major token moved against the sell-off and left short sellers on the losing end. Bitcoin and Ethereum The post Bitcoin Bulls Take the Biggest Hit in a $1.49 Billion Crypto Liquidation Day appeared first on BeInCrypto.
Key Takeaways
- Crypto traders lost $1.49 billion to forced liquidations over the past 24 hours, Coinglass data shows.
- Bullish bets on Bitcoin (BTC) took the heaviest blow.
- Most of those losses landed on one side of the market.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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