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NewsBTC 2019-12-19 10:08:28

BitMEX Liquidations Shows Why Bitcoin Abruptly Surged by $1,000 Overnight

Most of the liquidations that occurred on BitMEX on December 18 were short contracts. It shows that over-leveraged shorts were squeezed out, pushing the bitcoin price up so quick in a short time frame. 70% of liquidations were shorts According to Skew Research, the overwhelming majority of bitcoin contract liquidations on BitMEX were shorts. The...The post BitMEX Liquidations Shows Why Bitcoin Abruptly Surged by $1,000 Overnight appeared first on NewsBTC.

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