More Than $1 Billion Btc Longs Liquidated on Binance, Slashing Bitcoin Price Bel

[John_Kammy]

The highest ever liquidations were registered, where-in more than 400K traders liquidated their Bitcoin futures positions

Interestingly, Binance recorded more than $1 billion bitcoin longs liquidation due to which crypto market experienced another batch of liquidation

The bitcoin plunge is expected to slow down and recover in the coming hours.
Check now : https://coinpedia.org/bitcoin/btc-longs-liquidated-on-binance/

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Well, that was inevitable. Once the price drops sufficiently longs will be opened again.

[sidik7]

yesterday the market was dumping , it was quite possible that there were factors that had an impact on the value of bitcoin and altcoins also same the impact it was amazing that went up very high and fell very sharply .

[yurez1981]

It is a completely natural process in the market, always someone sells and someone buys.  Profit must be taken from the market and fixed in order not to remain an eternal holder.