Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Retreats to $75,700 as $1.1 Billion in Crypto Liquidations Sweep Leveraged Traders
Bitcoin dropped 6% to $75,700 as $1.1 billion in crypto liquidations hit 211,000 traders, with Democrats winning Congress clouding...
Binance hackers reportedly spent eight weeks inside before $6.3 billion theft
The incident underscores the critical need for robust internal security and detection systems in exchanges to prevent prolonged br...
Morpho hits record $4.1 billion in USDC deposits
Morpho's record USDC deposits highlight DeFi's growing role in stablecoin management, but reliance on major platforms poses concen...
Crypto Liquidations Top $1 Billion as Bitcoin Tests 11-Week Low
Bitcoin fell toward $75,500 after AI stocks plunged, and over $1 billion in the crypto derivatives market has been wiped out.
Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat
Bitcoin futures open interest fell 1.88% to $52.04 billion as the leading crypto asset declined nearly 5% to $75,783 on Friday, No...
Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%
Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million o...