Crypto Crash Wipes Out $700M as ETH and XRP Lead Long Squeeze Liquidations

Instead, it’s mostly due to what’s called a long squeeze, a market event where bullish traders are forced to exit their positions, often causing sharp price drops. What is a Long Squeeze and Why is It … source: https://coinpedia.org/news/crypto-crash-wipes-out-700m-as-eth-and-xrp-lead-long-squeeze-liquidations/