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$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K?

AMBCrypto LogoAMBCrypto12h ago

$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K? - AMBCrypto

Quick Summary:

$3.4B in Bitcoin leveraged bets at risk as prices teeter above the $95K mark.

As the market hovered close to this critical threshold, over $3.4 Billion in long leveraged bets were at risk of liquidation.

This tactic, known for flushing out over-leveraged positions, could pave the way for Bitcoin to rebound and aim for the $100K mark.

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$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K? - AMBCrypto (Picture 1)$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 06:00:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 604 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23876326

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story "$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K?" has 604 words across 28 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "$3.4B Bitcoin longs at risk – Will this make BTC drop to $95K?" was covered 12 hours ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23876326
  • URL: https://beamstart.com/news/34b-bitcoin-longs-at-risk-17326011324738

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