$1 Billion In Long Liquidations
The recent political scenario has dealt a massive blow to the crypto economy, with liquidation data on Coinglass revealing that 214,270 traders were liquidated for a total of $1.02 billion.
One of them was a whale who found his $201 million BTC long position liquidated.
This loss was triggered by a broader crash in the Bitcoin price following the Israeli airstrikes on Iran. Bitcoin is currently trading just above the $104K level, spurred by bulls coming in to take action.
This dip has created an opportunity for those who believe that Bitcoin could climb to new highs. Furthermore, it also gives hope to presale investors who are looking for the best crypto to buy now that could rule the charts upon listing.
