Bitcoin Break Above $35,000 Sends 95,000 Crypto Traders To The Slaughter

Following reports of BlackRock’s Spot Bitcoin ETF being listed on the Depository Trust & Clearing Corporation (DTCC) with the ticker IBTC, the BTC price had rallied above $35,000 based on investor expectations alone. The quick nature of this surge saw tens of thousands of crypto traders caught in the crossfire as over $400 million was liquidated in one day.
More Than 95,000 Crypto Traders Lose Their Positions
According to data from Coinglass, the crypto liquidation volumes ramped up qu