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Bitcoin Dealer (BTC) Sees Costs Slumping to $60K as Crypto Bulls See $650M in Liquidations

by SB Crypto Guru News
March 17, 2024
in Bitcoin
Reading Time: 1 min read
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Knowledge exhibits that crypto-tracked futures suffered over $800 million losses, the second-largest determine this yr. Longs, or bets on larger costs, suffered $660 million in liquidations, probably contributing to the sharp downturn. Liquidation happens when an alternate forcefully closes a dealer’s leveraged place on account of a partial or whole lack of the dealer’s preliminary margin.



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Tags: 60K650mBitcoinBitcoin NewsBTCBullsCryptoCrypto NewsCrypto UpdatesLatest News on CryptoLiquidationsPricesSB Crypto Guru NewsSeesSlumpingTrader
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