Bitcoin Was at $81,569 at 2:21 a.m. ET (06:21 UTC) After $431 Million in Liquidations
Photo: TokenPost
Bitcoin (BTC) traded at $81,568.96 at 2:21 a.m. ET (06:21 UTC) Friday after about $431 million in crypto derivatives positions were liquidated over a 24-hour period, while the Nasdaq Composite fell 2.6% Thursday. The liquidation total covered multiple crypto assets, not Bitcoin alone. Short positions accounted for about $173 million in liquidations during Bitcoin’s rise toward $85,000. In the final 12 hours of the measured period, long positions made up $210 million of the $222 million liquidated. The Nasdaq Composite lost 694 points to close at 26,008.86 on Thursday.
Source: TokenPost
