$5.6 billion of leveraged cryptocurrency positions were liquidated within 4 hours
According to Radar news, due to a slight drop in Bitcoin from $99,000, leveraged cryptocurrency positions worth $560 million were liquidated within 4 hours.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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MoreAnalysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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