Bitcoin Sees Historic Levels Of Liquidation Across Multiple Exchanges

Bitcoin Sees Historic Levels Of Liquidation Across Multiple Exchanges

After a historic weekend of liquidations, where do the bitcoin price and investor interest currently stand?

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Late Saturday night and early Sunday morning, a selloff in the spot bitcoin market triggered a cascading number of liquidations across the derivatives market in a truly historic moment. Reputable blockchain analyst Willy Woo

Since the weekend selloff, the price of bitcoin has since slightly recovered, retracing back to $55,400 at the time of writing from the weekend low of $51,300.