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2024-05-09 15:40:12

BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up

On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 a.m. EDT. The latest downturn has led to the liquidation of about $34.79 million in bitcoin long positions across various derivatives markets. As Bitcoin’s Value Declines, Heavy Liquidations Follow Bitcoin is facing challenges on Thursday, with its

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