Long trades accounted for 98% of all futures liquidations as bitcoin ($BTC) dropped $1,000 in less than 15 minutes. By shauryamalwa
Jenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...
Bitcoin dropped below $30,000 in European morning hours on Wednesday to as low as $29,000, CoinDesk data shows.The sell-off did not appear to stem from any immediate fundamental reason. However, it was likely a long squeeze as over $25 million in bitcoin futures were liquidated – of which longs, or bets on rising prices, made 98% of the positions.DISCLOSURE
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