$324,000,000 in Liquidiations Hits Crypto Markets As Bitcoin Loses $60,000 Level

Another dip in crypto markets has sparked a large wave of liquidations against those holding leveraged long positions. According to crypto data aggregator Coinglass, there have been $324 million in liquidations in the past 24 hours – the majority being long positions in Bitcoin (BTC) and Ethereum (ETH). Now, analysts are debating what the next […] source: https://dailyhodl.com/2024/08/28/324000000-in-liquidiations-hits-crypto-markets-as-bitcoin-loses-60000-level/