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The Cost of Bitcoin Surging 15% in 24 Hours: $500 Million in Liquidations
Photo by: Bitcoinist

Bitcoin has seen explosive price action over recent days. As of this article’s writing, the asset trades for $11,200 — more than 10% higher than it was 24 hours ago. The recent price action was expected by many market commentators. Though, data suggests that there were also many Bitcoin traders liquidated, suggesting they weren’t expecting the asset to move so fast. Data suggests that there...

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