Bitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX
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Bitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX

THELOGICALINDIAN - Bitcoin aloof affable 1400 in the accomplished bristles account as bears accept acutely reentered the cryptocurrency bazaar The agenda asset hit 10600 at the lows and has back rebounded to 11100 as endless traders accept bought the dip as per their Twitter fees

On BitMEX alone, this move asleep $125 actor account of Bitcoin longs that were apparently overleveraged.

According to a trader’s data, over $1 billion account of positions beyond the bazaar were asleep over the accomplished hour alone. Much of the liquidations were centralized in Bitcoin and Ethereum, which acutely reacted the fastest to the move.

Ethereum alone as low as $302 on Binance’s futures belvedere and about as abutting to that akin on added allowance platforms.