Insights

Roughly $90M liquidated in 2hrs as Bitcoin sinks below $30K

exchange681 week ago

0 0 1 minute read

Quick Take

Roughly $90 million of liquidations occurred in the past two hours on the news that the spot ETFs that have been filed are inadequate, according to Wall Street Journal.
Coinglass reported $87 million of liquidations in the past hour, while $100 million in the past four hours as Bitcoin broke below $30,000.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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