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Bitcoin drops $1,900 in minutes. $66 million in liquidations.

October 27, 2021
in Trading
Reading Time: 1 min read
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92% of all crypto ‘longs’ liquidated yesterday after Bitcoin fell to $43,000
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$1.6 billion: recent Bitcoin volatility liquidates billions, sends open interest reeling

It’s no secret that 2020 has been a crazy year for the crypto markets, with Bitcoin incurring an intense and unwavering uptrend throughout January and February, before erasing all of these gains and nearing its 2018 lows in a sharp movement seen on March 12th.

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