$400 million position was liquidated
On the other hand, sharp price movements led to the closing of a leveraged position of $400 million with a loss. According to Coinglass data, the number of users whose positions were liquidated in the last 24 hours is over 160 thousand.
Bitcoin is trading at $67000 as of 22:30 CET. It is an opportunity for buys and a time to be careful for those remaining in the reversal. It is expected to rise above $72000 again over the weekend.
