Bitcoin prices have continued their surge and, on Wednesday, were approaching nearly $66,000. That has triggered over $200 million in liquidations across the broader crypto market. BTC was trading at $65,383.14 at press time, a 3.45% surge from the intra-day low. Source: CoinMarketCap Data from Coinglass indicates that over the past 24 hours, more than $65.2 million in Bitcoin derivatives positions have been liquidated. This includes $34.8 million in BTC short liquidations, coupled with $28.15 million in BTC long liquidations, primarily through crypto exchanges OKX and Binance. More so, if Bitcoin continues its rally closer to all-time highs, there will…
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