$704,000,000 in Bitcoin and Crypto Liquidated As BTC Price Plunges To $74,600

Traders using leverage to bet on a Bitcoin and crypto price rebound are getting wrecked. In the last 24 hours, $704 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority hit traders going long, with $556 million in longs liquidated, and $157 million in shorts liquidated. […] The post $704,000,000 in Bitcoin and Crypto Liquidated As BTC Price Plunges To $74,600 appeared first on The Daily Hodl.