Bitcoin Liquidations Hit Three-Year High Amid $1.6B Crypto Market Wipeout
globalreutersDecember 10, 20241 Mins read Bitcoin saw its largest liquidation event since 2021, with $1.6 billion wiped out across the crypto market. The sell-off, driven by unusual trading on Coinbase, affected Bitcoin, Ether, and altcoins. Some see it as a healthy market reset, while others question the abrupt nature of the drop.
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