Crypto short sellers are drowning in a deluge of liquidations as Bitcoin (BTC), Ethereum (ETH) and other altcoins rally.
According to liquidation data from CoinGlass, the crypto markets have experienced more than $180 million in liquidations in the last 24 hours alone.
Since January 13th, short sellers have been hit with over $600 million in liquidations, according to the crypto data platform.
In the last 24 hours, Bitcoin liquidations have hit $34.71 million. The leading crypto…
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