Bitcoin’s dive to $40k triggers massive liquidations amid shifting margin trends

exchange68September 12, 2024

0 0 2 minutes read

Quick Take The digital asset market has witnessed Bitcoin’s significant fall in the past 24 hours, dropping from $45,000 to roughly $40,000, resulting in more than $660 million being liquidated, according to Coinglass. This plunge has brought into focus on the margin used for the open interest in futures contracts. It is noteworthy that the […]

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