In brief

  • Long positions accounted for 88% of total liquidations over 24 hours as prices fell.

  • Bitcoin and Ethereum fell to their lowest levels since August.

  • Friday’s producer price data could affect estimates of the size of the Fed’s December rate hike.

Read the original story Nearly $600 million in crypto long liquidations as Bitcoin and Ethereum fall to August lows by Kamina Bashir on fi.beincrypto.com