Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to $430M in Liquidations

Long Crypto Traders Feel Pain as Bitcoin’s Slide Leads to $430M in Liquidations

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Crypto exchange OKX notched up $149 million in liquidations, the largest among all crypto exchanges. Nearly 96%, or $143 million, were those stemming from long positions. Bitmex saw the highest liquidated value, however, with a single $10 million bitcoin position getting closed on the exchange.



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