Crypto Longs Worth $300M Liquidated Over 24 Hours Following Market U-Turn, Bitcoin Traders Hit Hardest

The cryptocurrency market on Tuesday saw a significant wipe-out of leveraged long positions, hitting traders with a force not seen in months. What Happened: According to data from CoinGlass, over $303 million worth of these bullish bets were liquidated in a mere 24-hour span. Sentiment Result : Negative

The cryptocurrency market on Tuesday saw a significant wipe-out of leveraged long positions, hitting traders with a force not seen in months. What Happened: According to data from CoinGlass, over $303 million worth of these bullish bets were liquidated in a mere 24-hour span.