Roughly 92% of the $1.09 billion in liquidations came from long bets, indicative of how heavily traders had been positioned for further gains before prices reversed.
Bitcoin drop to $89,000 leads to $1 billion liquidations for bullish BTC bets
Roughly 92% of the $1.09 billion in liquidations came from long bets, indicative of how heavily traders had been positioned for further gains before prices reversed.