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Bitcoin Long Position Liquidations and Volatility Analysis

CoinDesk +1 · ·by G4L

  1. 1On November 5, 3,183 BTC in Bitcoin long position liquidations occurred.
  2. 2On November 8, 2,450 BTC in Bitcoin long position liquidations was recorded.
  3. 3On November 10, Bitcoin volatility was estimated at 2.5% during the US inflation report period.

So what's the key point?

People who bet that Bitcoin prices would rise lost 3,183 BTC. Bitcoin prices moved by 2.5% during the period when the US inflation report was released.

Source CoinDesk +1 · View original ↗

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