Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000
Key Takeaways Strategy sold 32 BTC for $2.5M to pay debts, triggering a bitcoin drop under $70,000 on Tuesday. The bitcoin slide triggered over $470M in leveraged position liquidations in 24 hours. Bears like Peter Schiff warn of a crash, but Raoul Pal sees a standard bitcoin bull correction. Massive Liquidations Rock Crypto Traders Bitcoin…
