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Bitcoin makes play for $30k, leading to $145M in liquidations
By Oluwapelumi Adejumo at 2026-05-02 20:59
Sentiment: Positive
Bitcoin’s (BTC) rally toward $30,000 led to more than $70 million in liquidations for short traders in the last 24 hours, according to Coinglass data. The overall crypto market saw roughly $145 million in liquidation during the period, mostly from traders who held short positions against BTC and other cryptocurrencies. According to Coinglass, 37,332 traders were liquidated […] The post Bitcoin makes play for $30k, leading to $145M in liquidations appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Banking crisis #bitcoin #BTC
Source CryptoSlate