Blood in the Streets? Crypto Market Sees $800 Million in Long Positions Liquidated Amid $400 Billion Market Cap Drop

The cryptocurrency space has experienced a wave of forced selling after mote than $800 million worth of long positions were liquidated in the past three days, representing the heaviest liquidation events since April, according to CoinGlass data. These liquidations came amid a wide cryptocurrency market sell-off that has seen the space’s total market capitalization drop […] source: https://www.cryptoglobe.com/latest/2024/07/blood-in-the-streets-crypto-market-sees-800-million-in-long-positions-liquidated-amid-400-billion-market-cap-drop/