Bitcoin made leverage users miserable

Bitcoin made leverage users miserable

By admin, Aralık 5, 2024








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There has been a historic rise in Bitcoin, especially since the day Donald Trump’s election as the new president became clear. Breaking the highest price records one after another, Bitcoin finally passed the 100 thousand dollar threshold.

Manipulations are in effect

Until Donald Trump’s inauguration Bitcoin With the expectation that the price will reach new peaks, investors began to take on long positions. Naturally, the so-called market makers did not miss this opportunity.

Late at night, the Bitcoin price broke a new record with $104 thousand. Just as we were experiencing the joy of this record, there was a decrease of around 15 percent within minutes. On futures exchanges, the Bitcoin price rose back to $96000 after dropping between $88000-$90000.

Of course, investors with long positions were caught. Within 1 hour, the amount of liquid exposure on the stock exchanges exceeded 450 million dollars. Users in spot transactions were less affected by this decline, as altcoin prices also approached their levels before the decline.













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