Over $200M Long Crypto Positions Wiped Out As Bitcoin, Ethereum, Dogecoin Drop
At least $220 million worth of longs and shorts got liquidated in the last 24 hours from the crypto market, in the aftermath of Kraken suspending ‘staking’ operations.
What Happened: Data from CoinGlass shows that $200 million worth of longs were liquidated and over $20M shorts since the past day.