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Bitcoin billionaires are buying the dip after crash
The crypto market continued to reel as the total market cap fell below $3 trillion on Nov. 21 — the worst since early May. Within the last 24 hours, $2.2 billion in crypto positions got liquidated. It includes $2 billion in long and $199 million in short positions as per Coinglass. Bitcoin (BTC) positions worth over $1 billion got wiped out during the period, leading the rout. BTC, which hit the record high of $126,198.07 on Oct. 7, fell to a little above $80,000 today. Whether it's Andrew Tate or Machi Big Brother, closely watched crypto traders have been liquidated multiple times during the crash. Nobody has been ... (full story)