After a weeklong rally that pushed Bitcoin (BTC) value above $23,000, the crypto market experienced a significant sell-off in the last 12 hours that liquidated $183.99 million, according to Coinglass data. Total liquidations over the last 24 hours stood at $223.43 million as of press time. Of these liquidations, 90.29% occurred on traders who took long positions on the market, according to Coinglass data. During this period, 63,210 traders were liquidated — the most significant liquidation being a $4.64 million long position on BTC. Bitcoin tumbles below $23k as investors take profit Short-term BTC investors appear to be taking profit
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Author: NixCoin