As per Bijié Wǎng, Bitcoin’s price fell from around $90,700 to a low of $87,017, triggering the liquidation of $426 million in long positions across major cryptocurrencies. According to CoinGlass data, Bitcoin longs accounted for the largest share at $136 million, followed by Ethereum at $117 million and Solana at $26 million. Meanwhile, U.S. stock futures also declined, with the Dow Jones futures down 137 points to 47,592, S&P 500 futures down 33 points to 4,826, and Nasdaq futures down 159 points to 25,322. At the time of writing, Bitcoin traded at $87,161.
Bitcoin Price Drops to $87,000, $426M in Long Positions Cleared
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.