Summary

  • Longs accounted for 88% of total 24-hour liquidations as prices fell.

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

  • Producer price data on Friday could shift speculation about the size of the Fed's rate hike in December.

Read the original article Nearly $600 Million in Crypto Long Positions Liquidated as Bitcoin and Ethereum Fall to Their Lowest Levels Since August by Kamina Bashir at id.beincrypto.com

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