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via CryptoSlate · By CryptoSlate Editorial

Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour

BTC

BTC/USDT

$63,058.49

-0.00%

$63,058.49

-0.00%

(24s)

24h Volume

$2,454,334,377.30

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,057.37

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,303.26

Resistance 1$63,626.50

Price$63,057.37

Support 1$62,999.35

Support 2$61,868.90

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

CryptoSlate Editorial

(03:10 PM UTC)

1 min read

Reviewed byDavid Kim

0 comments

Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move.

Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since April. The decline pushed the largest digital…

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CryptoSlate Editorial · CryptoSlate

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