Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000 — TradingView News
Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged.
Crypto Liquidations Have Surpassed $712 Million Over The Past Day
According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last 24 hours.
Below is a table that shows how the liquidations have looked for the cryptocurrency sector within this window.
As is visible, almost $712 million in cryptocurrency contracts have seen forceful closure from their platform in the past day. About $477 million of these came during the last twelve hours alone.
Bitcoin and the altcoins, especially, have seen a decline in this period,…