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The Daily Hodl 2024-03-05 18:55:11

$679,160,000 in Liquidations Hammer Bitcoin Bulls As BTC Hits New All-Time High – Then Drops

Leverage traders are feeling the burn after Bitcoin (BTC) hit all-time highs early on Tuesday before reversing to the downside in a sudden fakeout. According to crypto data aggregator Coinglass, over $679,160,000 in liquidations have occurred in the last 24 hours – almost entirely leveraged longs. Binance, the world’s largest crypto exchange, hosted the largest The post $679,160,000 in Liquidations Hammer Bitcoin Bulls As BTC Hits New All-Time High – Then Drops appeared first on The Daily Hodl .

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