Market News / Story
Bitcoin speculators move 55K BTC to exchanges amid $1.1B liquidations
Cointelegraph ·
Cointelegraph reports: A Bitcoin (BTC) and altcoins sell-off triggered more than $1 billion in liquidations over 24 hours as short-term holders sent tens of thousands of BTC to exchanges at a loss. Key points: Crypto liquidations hit nearly $1.1 billion over 24 hours after Bitcoin dropped to $80,350. BTC price downside further boosted the odds of a breakdown below key support, analysis by Rekt Capital warned. Bitcoin short-term holders sent more than 55,000 BTC to exchanges at a loss on…