Bitcoin's short sellers just took the hit. In the last 30 minutes, exchanges closed $11.5M of leveraged $BTC short positions. These were bets on a lower price, shut by the venues once the collateral behind them no longer covered the loss.
Leveraged buyers barely noticed. Only $25.9K of long positions were liquidated in the same half hour.
Both totals are counted from the raw liquidation streams of the major venues.
Leveraged buyers barely noticed. Only $25.9K of long positions were liquidated in the same half hour.
Both totals are counted from the raw liquidation streams of the major venues.
