Will the Crypto Market Repeat 10-10? Here's What the Data Says
The crypto market slid on Wednesday as Bitcoin (BTC) fell 1.7% to about $84,100 and Ethereum (ETH) dropped 3.5%. Leveraged traders had piled back in, so the dip forced out $403.58 million in long bets within an hour. The flush revived fears of a 10-10 repeat. However, the data shows leverage has rebuilt while the The post Will the Crypto Market Repeat 10-10? Here's What the Data Says appeared first on BeInCrypto.
Key Takeaways
- The crypto market slid on Wednesday as Bitcoin (BTC) fell 1.7% to about $84,100 and Ethereum (ETH) dropped 3.5%.
- Leveraged traders had piled back in, so the dip forced out $403.58 million in long bets within an hour.
- The flush revived fears of a 10-10 repeat.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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