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Over the past few days, significant amounts of leveraged positions in Bitcoin and crypto have been liquidated, with a total surpassing $1.6 billion. The liquidations were triggered by a surge in Bitcoin to $72,000 and plunging crypto prices, leading to a massive sell-off.
Bitcoin Blowout: Plunging Crypto Prices Trigger $800 Million in Liquidations ► https://t.co/PoPrYzs2az https://t.co/PoPrYzs2az
BREAKING: CRYPTO LIQUIDATIONS IN THE PAST 24 HOURS SURPASS $800M https://t.co/I2qPDjbfEa
BREAKING: CRYPTO LIQUIDATIONS OVER THE PAST 24 HOURS SURPASS $400M https://t.co/IpLehMFoAw
