Bitcoin, Ethereum Plunge Triggers Near-$600 Million Crypto Long Flush

Bitcoin, Ethereum, and other digital assets have witnessed a sharp retrace during the last 24 hours, which has resulted in a long squeeze on derivatives exchanges.
Crypto Long Liquidations Have Neared $600 Million During The Past Day
According to data from CoinGlass, the latest sharp price action in the cryptocurrency market has accompanied a huge amount of liquidations over at the derivatives side of the sector.“Liquidation” here naturally refers to the forceful closure that any ope