Bitcoin Price Plunges as $245 Million in Crypto Longs Are Liquidated
Crypto liquidations are soaring Tuesday as Bitcoin sinks 5% to a price of nearly $66,000, with long positions seeing the biggest impact.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Bitcoin Price Briefly Reclaims $81,000 as Liquidations Top $1 Billion
Bitcoin price fell for a fourth consecutive day, briefly slipping below $81,000 before rebounding, as the total crypto market cap...
Ether longs take the brunt of crypto’s $1 billion liquidation flush
The liquidation event highlights the risks of high leverage in crypto trading, emphasizing the need for cautious positioning and m...
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds
Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmin...
Bitcoin ETFs Bleed $484.9 Million As BlackRock Leads A Broad Day Of Outflows
TL;DR: US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock’s IBIT...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...