Bitcoin, Ethereum Plunge Triggers Near-$600 Million Crypto Long Flush

2 days ago

Bitcoin, Ethereum, and other digital assets have w

Bitcoin, Ethereum Plunge Triggers Near-0 Million Crypto Long Flush

Bitcoin, Ethereum Plunge Triggers Near-$600 Million Crypto Long Flush

Bitcoin, Ethereum, and other digital assets have witnessed a sharp retrace during the last 24 hours, which has resulted in a long squeeze on derivatives exchanges.

Looks like long liquidations have dominated in this window | Source: CoinGlass
How the liquidations break down between the different assets | Source: CoinGlass
The various on-chain pricing models related to BTC | Source: Glassnode on X
The price of the coin seems to have plunged over the last few days | Source: BTCUSDT on TradingView

Featured image from Dall-E, Glassnode.com, CoinGlass.com, chart from TradingView.com

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