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Bitcoin Levels to Watch as Traders Liquidate $280M in Long Positions

Daniela Kirova

1y agoen

finance business

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BanklessTimesBitcoin Levels to Watch as Traders Liquidate $280M in Long Positionsbanklesstimes.com

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At the beginning of August, a wave of Bitcoin liquidations wiped out hundreds of millions. Traders liquidated over $280 million in long positions on the first day of August, CoinGlass data shows. At press time, Bitcoin had fallen to $60,420, as per CoinGecko. Sellers clearly have the balance of power now. The current climate may […] The post Bitcoin Levels to Watch as Traders Liquidate $280M in Long Positions appeared first on BanklessTimes .

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