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via Cointelegraph · By Cointelegraph Staff
Bitcoin Late Longs Washed Out as BTC Price Slipped Below $73K
BTC
BTC/USDT
$63,067.01
+0.06%
$63,067.01
+0.06%
(24s)24h Volume
$2,099,586,948.68
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0038%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(09:44 AM UTC)
1 min read
Bitcoin (BTC) sold off into the early Asian Trading session on Thursday as the drop to $72,600 produced significant liquidation of leveraged positions across the crypto market.
Key takeaways:
- Bitcoin price deviated 4.5% from its daily high of $76,050 on Wednesday, dropping to a six-week low of $72,620.
- Overleveraged crypto traders were liquidated out of nearly $935 billion in the past 24 hours.
- Trader…
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