On April 19, Bitcoin experienced a significant decline of 5.44% within a two-hour span, dipping below the crucial mark of $60,000 due to heightened geopolitical tension between Israel and Iran. The cryptocurrency’s value reached a low of $59,698 before quickly bouncing back up to $61,352.
According to data from CoinGlass, around $243 million in long positions might be liquidated if the price drops to $59,000. This key detail was recently brought to light.
Over the past 4 hours, it’s been reported that a shocking $34.03 million worth of Bitcoin long positions have been closed.
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2024-04-19 10:18