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Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
['Shaurya Malwa']
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Major cryptocurrencies are unchanged over 24 hours.
About $286 million in positions were liquidated across 87,294 traders in 24 hours, according to CoinGlass.
Roughly $57 million in bitcoin positions were cleared, and the balance was nearly even, with about $28 million in longs against $29 million in shorts.
The single biggest liquidation was a $2.9 million bitcoin position on Binance.
As of this writing, bitcoin BTC $ 64,148.00 traded at around $63,900, roughly where it was 24 hours ago.