Bitcoin Bloodbath: $370M Liquidations as Corporates Defend $60K
Bitcoin markets suffered a extreme deleveraging occasion in a single day, with over $370 million in pressured liquidations flushing out leveraged longs as costs tumbled towards the $60,000 threshold. While retail merchants capitulated underneath the stress of the sudden crypto market crash, company treasuries, led by aggressive accumulators like Metaplanet, stepped in to soak up…
