$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?
In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin
BTC
$23,099
and Ether
ETH
$1,636
sharply fell, with BTC reaching below $46,000 on Binance.
BTC/USDT 15-minute price chart (Binance). Source: TradingView.com
Most of the liquidations came from Bitcoin and Ether, which accounted for $555 million and $336...