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Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’

Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’

Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.

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 Cointelegraph

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