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Crypto Market Sees Three $10 Million-Plus Long Liquidations in Five Minutes

Two were on Binance and one on Bybit. Bitcoin was quoted at $69,358.54, down 3.28% over 24 hours, in a Nov. 13 snapshot.

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A copper token nears the edge as three steel weights drop / TokenPost.ai
A copper token nears the edge as three steel weights drop / TokenPost.ai

Three long positions worth more than $10 million each were liquidated within five minutes alongside Bitcoin (BTC)'s decline below $69,000, while the market recorded 1,172 liquidations in about 30 minutes.

The Nov. 13 snapshot quoted Bitcoin at $69,358.54, down 3.28% over 24 hours. It described Bitcoin falling below $70,000 and then $69,000.

Two of the three high-value liquidations occurred on Binance and one on Bybit. The broader market tally totaled $52.7155 million over about 30 minutes and covered 1,172 liquidations.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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