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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

Bitcoin price Prediction
Bitcoin News
Bitcoin price Prediction
Bitcoin News

3.5 Million BTC Shorts Liquidated on BitMEX, Will BTC Break 10k?

As the bear markets slowly recover, BitMEX is seen to have liquidated more than $3.5 million short contracts with about 54% of this volume occurring within the last 6 hours. Meanwhile, Bitcoin is seen to be recovering from the steep price fall that began about 48 hours ago. Now, trading at $9,918, up 3.25% within

As the bear markets slowly recover, BitMEX is seen to have liquidated more than $3.5 million short contracts with about 54% of this volume occurring within the last 6 hours. Meanwhile, Bitcoin is seen to be recovering from the steep price fall that began about 48 hours ago. Now, trading at $9,918, up 3.25% within