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no one’s talking about how $811 million in losses triggered by a Bitcoin flump has traders on edge as predictions hint at $100,000 BTC
wait, so bitcoin takes a dip and everyone’s losing their minds and money?? 🤡 what’s next, $BTC partying with $ETH
Market correction triggers significant liquidations: $811 million lost, 179,000 traders exit positions; long traders bear brunt, highlighting misjudgment
The recent drop in Bitcoin below $110,000 led to significant liquidations. Over $811.6 million was lost in the market, forcing 179,000 traders to exit positions. Long traders suffered the most losses, indicating misjudgment of the market direction. This event has raised concerns, with predictions suggesting a potential drop to $100,000 for Bitcoin and $4,000 for Ethereum. Market sentiment is influenced by macroeconomic factors and increased volatility. Bitcoin’s market data shows a slight decrease in price.
Bitcoin Flump triggers $ 811 million in losses while merchants are preparing for $ 100,000
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