Volatility over the past 24 hours has caused a spike in liquidations on centralized exchanges as Bitcoin BTC/USD dropped below $67,000 and the broader crypto market followed suit. There have been over $427 million in liquidations over the past 24 hours across various centralized crypto exchanges, according to CoinGlass data. Of these liquidations, the vast majority, around $342 million, were long positions.
Read the full story at The Block.
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