An extreme $1.8 billion worth of leveraged positions got liquidated during the Monday crash

There are clearly a lot of leveraged traders in the market at the moment, taking hefty risk to squeeze more profits out of the bull market in bitcoin. This has led to record daily liquidation levels.
Source: Bybt

So far in January, we’ve seen three days with the value of the total daily liquidations being above $900m in the bitcoin market.

Contrasting this to the period from September to December, it’s evident that leveraged exposure has picked up, as the period saw only one day with total daily liquidations above $900m.

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