Roughly $90M liquidated in 2hrs as Bitcoin sinks below $30K

Roughly $90 million of liquidations occurred in the past hour on the news that the spot ETFs that have been filed are inadequate

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Quick Take

  • Roughly $90 million of liquidations occurred in the past two hours on the news that the spot ETFs that have been filed are inadequate, according to Wall Street Journal.
  • Coinglass reported $87 million of liquidations in the past hour, while $100 million in the past four hours as Bitcoin broke below $30,000.
Liquidations: (Source: Coinglass)
Liquidations: (Source: Coinglass)