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Recent data on Bitcoin liquidations and leverage levels indicates unique price discovery activity as longs and shorts have been swept from the market. Much of the leveraged positions were shaken out last week as Bitcoin saw volatile price actions around the US market open. The liquidation chart from CoinGlass below highlights how trading activity on […]
The post Bitcoin leverage above $66k wiped out creating new floor for higher price discovery appeared first on CryptoSlate.
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Bitcoin leverage above $66k wiped out creating new floor for higher price discovery
