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Bitcoin News

Halving Countdown: Large Liquidation At Major Derivatives Exchanges, Bitcoin[BTC] Drops 12% In Last 24hrs

On May 10, Bitcoin prices collapsed from over the $9,100 mark, sinking to as low as $8,100 before steadily recovering, snapping back to around $8,500 during the early morning hours of May 11. Amid the unexpected free fall, it is estimated that a combined $1.22 billion was liquidated across three leading platforms that support derivatives

On May 10, Bitcoin prices collapsed from over the $9,100 mark, sinking to as low as $8,100 before steadily recovering, snapping back to around $8,500 during the early morning hours of May 11. Amid the unexpected free fall, it is estimated that a combined $1.22 billion was liquidated across three leading platforms that support derivatives