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Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop

Jamie Redman

12 April 2024

Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price DropOn April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near […]


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https://news.bitcoin.com/leveraged-crypto-traders-hit-hard-872m-liquidated-in-a-single-day-amid-bitcoin-price-drop/

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