Crypto liquidations become elevated hitting highest persistent level of 2024 amid Bitcoin rally

Over the past 24 hours, with Bitcoin holding between $89,700 and $92,500, $317 million has been liquidated. Long positions lost $210 million, while shorts lost $106 million. Crypto liquidations have continued to exceed $300 million daily since Nov. 6 as Bitcoin’s price continues to climb. The highest levels were recorded on Nov. 12, when over […]

The post Crypto liquidations become elevated hitting highest persistent level of 2024 amid Bitcoin rally appeared first on CryptoSlate.