The volatility caused nearly $700 million in liquidations on crypto-tracked futures, impacting both longs and shorts (or bets on higher and lower prices, respectively), with $380 million in bearish traders and $290 million in bullish bets evaporated. Such cumulative losses are the highest since early April, when BTC briefly crossed its previous peak at over $73,000.
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Shaurya Malwa
https://www.coindesk.com/markets/2024/11/12/bitcoin-spikes-above-89k-in-wild-trading-session-battering-both-bulls-and-bears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-12 06:07:33
