Risk Runs Hot: Massive Crypto Liquidation Wave Slams Traders Overnight

A sharp rise in crypto liquidations is sending a louder message of how some traders are using more leverage in recent months. Related Reading: Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer Average daily wipeouts have jumped from roughly $28 million in long bets and $15 million in shorts during the last cycle to about $68 million long and $45 million short in the current cycle, according to a new Glassnode and Fasanara report. That shift has made single sell-offs much more violent. Early Black Friday Shock Reports have disclosed that Oct source: https://www.newsbtc.com/altcoin/risk-runs-hot-massive-crypto-liquidation-wave-slams-traders-overnight/