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Bitcoin’s drop to $26.6K sees over $160M in realized losses Bitcoin’s drop to $26.6K sees over $160M in realized losses

Bitcoin’s drop to $26.6K sees over $160M in realized losses

with insights from Glassnode

Bitcoin's drop to $26,298 triggered a massive liquidation event and led to over $160 million in realized losses on-chain.

Bitcoin’s drop to $26.6K sees over $160M in realized losses

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

In the wake of a significant downturn in the cryptocurrency market, Bitcoin and Ethereum saw extensive liquidations, with the derivatives market witnessing a staggering over $1 billion in liquidations. But what separates this event from previous ones is the aftermath...

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