Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7k

Liam ‘Akiba’ Wright

Crypto liquidations have remained elevated over the past 24 hours, reaching $314 million as Bitcoin wicked down to $92,700, according to Coinglass data. The largest single liquidation order occurred on BitMEX, involving a $5.5 million XBTUSD position. Over 121,000 traders were liquidated during this period, underscoring heightened market volatility. Long positions bore the brunt, accounting […]

The post Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7k appeared first on CryptoSlate.

Go here to Read this Fast! Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7k

Originally appeared here:
Crypto liquidations reach $313 million as Bitcoin flash crashes to $92.7k