Margin Call Nightmare: BTC’s Plunge Below $109,000 Flushes $265M in Longs

Bitcoin plunged to $108,652 on Bitstamp Thursday, wiping out over $265 million in bitcoin long positions in what might be crypto’s most dramatic hangover. Bitcoin Craters Call it the great leveraged purge. Bitcoin’s crash to $108,652 on Bitstamp didn’t just rattle traders—it set off a domino effect of liquidations. Over $265 million in BTC long […]