Leveraged long positions in the bitcoin (BTC) futures market worth $41.5 million were liquidated on Monday, the second largest daily for long liquidations so far this month, as per CoinGlass.com.
The spike in long liquidations came as bitcoin fell nearly 3.5% to fresh one-month lows under $29,000….
Read More: $45 Million in Bitcoin Longs Wiped Out as Price Briefly Dips Below $29K – Here’s Where BTC Is Headed Next