Binance liquidations near $800 million as bitcoin falls
MARKETSBinancecoinbrief/daily · 1 source
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What happened
Many traders who bet that prices would rise were forced to close their positions as bitcoin dropped. Around $2.05 billion in such forced closures was recorded across tracked exchanges, with Binance accounting for nearly $800 million of it.
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What to do
- Check your leverage and margin levels if you hold leveraged positions during volatile moves.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
The Defiant