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$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000

Bitcoinist LogoBitcoinist2d ago

$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000 - Bitcoinist

Quick Summary:

Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged.

Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past day.

Though, $166 million in shorts still managed to get caught up in the flush as a result of the fact that the crash has been bumpy, rather than straight down.

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$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000 - Bitcoinist (Picture 1)$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000 - Bitcoinist (Picture 2)$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000 - Bitcoinist (Picture 3)

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 07:30:28 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 26884792

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 16 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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The story "$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000" was covered 2 days ago by Bitcoinist, a news publisher based in Hungary.

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It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/500-million-in-crypto-longs-17416784489022

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