Crypto market sees $217M in liquidations amid ETF approval and Grayscale speculation

In the past 24 hours, futures traders speculating on higher cryptocurrency prices have witnessed approximately $217 million in liquidations. The market downturn comes as the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) continues to generate a “sell-the-news” sentiment, with traders showing no signs of slowing down their contrarian bets. Grayscale’s Bitcoin holdings and ETF... source: https://www.cryptopolitan.com/crypto-217m-in-liquidations-etf-approval/