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Two Bitcoin Long Positions Worth $60.06 Million Liquidated as BTC Fell to $70,000

The two positions had combined principal losses of $3.23 million.

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Two brass tokens slide down a tilted steel balance beam / TokenPost.ai
Two brass tokens slide down a tilted steel balance beam / TokenPost.ai

Two Bitcoin (BTC) long positions worth a combined $60.06 million were liquidated as Bitcoin fell to the $70,000 level, with combined principal losses of $3.23 million.

A position linked to wallet fragment 0x01e2...e977 was valued at $34.91 million and had a $1.62 million principal loss.

Another, linked to 0x5f91...65aa, was valued at $25.15 million and had a $1.61 million loss.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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