#GT# #BTC# #XRP# #ETH# #DOGE# The Bitcoin derivatives market witnessed an unprecedented shift today.
Traditionally, liquidation operations have largely trended in one direction, which was evident even in a market known for its "volatility." In just the past hour, leveraged Bitcoin positions worth approximately $13.48 million were closed, almost all of which came from long-term buy positions, according to .
Since the short selling value reached only $7,790, the discrepancy between the two reached 17,300%.
At that time, prices were not in a sharp decline. The price of Bitcoin was trading at around 1