Bitcoin Liquidation Heatmap: $1.6B in Crypto Bets Wiped Out
More than $1.6 billion in leveraged crypto bets were force-closed on Nov. 13 as bitcoin hit a 12-week low near $68,781.99 (CoinDesk; price from Yahoo Finance, Nov. 13). CoinDesk reported the total only. The data I have doesn’t split it into longs and shorts, doesn’t give bitcoin’s share and doesn’t give the exact time window. The push came from a dollar at a 19-month high, as CoinDesk described it, and the next test …