Credit: Original article published by Crypto News.
Over USD 1bn in long trading positions has been liquidated in the past 24 hours as overly optimistic traders seem not willing to learn after they lost almost USD 2bn just a week ago.
Almost USD 600m of those positions were in bitcoin (BTC). In the past hour alone (10:39 UTC), around USD 400m have been liquidated in total, while around USD 170m of those were
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