$45 Million in Bitcoin Longs Wiped Out as Price Briefly Dips Below $29K – Here’s Where BTC Is Headed Next
Leveraged long positions in the bitcoin (BTC) futures market worth $41.5 million were liquidated on Monday, the second largest daily for long liquidations so far this month, as per CoinGlass.com. The spike in long liquid...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The spike in long liquidations came as bitcoin fell nearly 3.5% to fresh one-month lows under $29,000....
Read More: $45 Million in Bitcoin Longs Wiped Out as Price Briefly Dips Below $29K – Here’s Where BTC Is Headed Next
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 CryptonewsRelated market context
ChatGPT AI Predicts Million-Dollar Bitcoin by 2027
ChatGPT AI predicts Bitcoin will hit $1M+, which isn’t a crazy call, since many analysts share the same view. What makes this pred...
Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow
TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoi...
Crypto Giants Feature In $210 Million Political Donations Report As Regulatory Scrutiny Grows
TL;DR: An October 8 Public Citizen report links corporations and individuals benefiting from cancelled federal enforcement actions...
Bitcoin ETFs post $82.39 million in net outflows as Ethereum funds shed $69.68 million
The significant outflows from Bitcoin and Ethereum ETFs indicate a cautious investor sentiment, potentially signaling a broader ma...
Strategy dips on bad MSCI World Index news
Strategy’s stock price dipped 4% in after-hours trading yesterday as traders speculated about its removal from the MSCI World Inde...
Charles Schwab Opens Bitcoin And Ethereum Transfers As Crypto Rollout Expands
TL;DR: Charles Schwab is expanding its direct Bitcoin and Ethereum services, including phased external wallet transfers. The move...