Bitcoin Hits 3,436% Liquidation Imbalance Amid Sudden Brutal Sell-Off of Gold and Metals – U.Today
The Bitcoin liquidation data of the last hour revealed a stunning ratio, with shorts being forced out at a rate of about $4.79 million compared to just $139,410 in longs, resulting in a 3,436% imbalance. Overall, total liquidations for the leading cryptocurrency reached $4.93 million, according to CoinGlass. While it reads like a squeeze, it happened...
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