Crypto Market Dives, Over $200 Million in Long Positions Liquidated as Bitcoin, Ethereum, Solana Prices Sink
• Bitcoin, Ethereum, Solana prices sink as over $200M in crypto longs liquidated • Bitcoin down over 3% to $68K; Ethereum down 5% to $3,413; Solana down nearly 7% • Toncoin down over 7% despite recent gains nearly flipping Dogecoin • Over $200M long positions liquidated in past hour; nearly $359M in past day • Longs are bets on crypto prices going up; liquidations occur when bets are wrong