Bitcoin Dips to $62,912 on Aug. 14, $122M in Long Positions Liquidated

BTC-2.84%
Bitcoin dipped to $62,912 yesterday as elevated volatility triggered a liquidation cascade across crypto markets. According to Bitcoin.com News, long positions accounted for $122 million of the $227 million in total liquidations, while short bets made up roughly $105 million. The digital asset traded down 0.5% at the time, with its market capitalization briefly falling to $1.26 trillion before paring losses.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments