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Bitcoin Slide Wipes Out Over $400 Million in Crypto Longs: Reset or Warning?
Published Source: BeInCryptoRead original
Crypto Insight Summary: Bitcoin liquidations hit $403.58M in longs in an hour, yet open interest still sits at $150B. Reset or warning? Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Massive liquidations signal short-term volatility but open interest remains high.