
BitMEX: $600 Million Long Liquidated as Bitcoin Price Crashes Below $8500
Bitcoin started a brutal bearish market about 24 hours ago when it first crossed the $10k mark. Since the beginning of such bear movements, bitcoin, alongside alts, have fallen drastically and further price plunge is impossible to underestimate. Bitcoin’s drop from $9400 to an intra-day low of $8600 has triggered $600 million in long liquidations
Bitcoin started a brutal bearish market about 24 hours ago when it first crossed the $10k mark. Since the beginning of such bear movements, bitcoin, alongside alts, have fallen drastically and further price plunge is impossible to underestimate. Bitcoin’s drop from $9400 to an intra-day low of $8600 has triggered $600 million in long liquidations