Nearly $115 Million Longs Liquidated As Bitcoin Drops to 7-Month Low, $70,000 Incoming?

Bitcoin FOMC minites. Photo by BeInCrypto In the past 60 minutes, over $112 million longs have been liquidated as traders de-risk in anticipation of the FOMC minutes. Bitcoin slipped below the $90,000 psychological levels, blowing millions in long positions out of the water. $115 Million Longs Wiped Out Amid FOMC Minutes Jitters Data on Coinglass shows that over $112 million in long positions have been liquidated over the past hour. These positions were flushed out as the Bitcoin price dipped below the ...