CandleFocus $150M in Liquidations as Bitcoin (BTC) Price Falls $2.5K in Minutes
2024-09-06
Author: Content Editor
Bitcoin experienced a minor relief rally to $57,000 after the US jobs report, but quickly retraced back to $54,400. This led to a decline in altcoins as well, with ETH, SOL, and XRP dropping in price. The volatility caused over $150 million in liquidations and over 45,000 traders being harmed, with the largest wrecked position worth over $13 million.
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