BlockBeats news, on August 23, according to Coinglass data, as Bitcoin fell below $76,000, the crypto market experienced a rapid wave of liquidations, with $91.27 million in total positions liquidated over the past hour, including $84 million in long positions and $7.44 million in short positions.
Crypto market sees $91.27M in liquidations in one hour
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Summary
Market trends revealed a sharp decline in Bitcoin below $76,000 on August 23, triggering $91.27 million in liquidations within one hour. Long positions accounted for $84 million, while short positions saw $7.44 million liquidated. Value investing in crypto remains a key strategy as volatility increases.
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