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Crypto Market Sees $1.49 Billion in Liquidations With Long Positions Hit Hardest
(2 hours ago) · 1 source · Summarized by CryptoBipto
The cryptocurrency market experienced approximately $1.49 billion in liquidations, with long (buy) positions accounting for the majority of losses. Bitcoin traders who had bet on rising prices were particularly affected during the sell-off.
WHY IT MATTERS
In crypto trading, many people use "leverage," which means borrowing money to make bigger bets.
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SOURCES
- beincrypto.com
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BTCLiquidationsLeverage TradingBitcoinMarket Volatility
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