Bitcoin took a tumble today, hitting an intraday low of $ 92,584 per coin—a noticeable drop from its earlier perch at $ 98,000. Bitcoin Slips 4.6% to $ 92.5K as $ 118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. …
As of 9 a.m. EDT on Monday, the crypto market experienced a $ 1.15 billion loss in derivatives positions, with $ 975.93 million of these being long positions. Of that total, approximately $ 403.82 million came from BTC positions, while $ 364.98 million resulted from ETH positions being liquidated. Mass Liquidation …