Longs collapse, traders lose more than $1 billion in 24 hours
Bitcoin’s plunge from $112,000 to less than $106,000 on Monday triggered the largest wave of liquidations in recent weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets. According to CoinGlass data, long traders accounted for nearly 90% of all liquidations, with more than $1.14 billion of bullish bets wiped out…
