Justin Sun Dispells Rumors of Bitcoin Liquidations Amid Market Crash

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As bitcoin and the rest of the market dump hard in one of the worst crashes in recent history, the community is actively trying to locate the source behind this cataclysm.

The total value of liquidated positions has skyrocketed to more than $1 billion over the past 24 hours. More than 275,000 traders have been wrecked in the same timeframe. Bitcoin’s price has been on a massive downfall for the past 72 hours or so. It all began last Friday when it stood at $66,000 but quickly dropped to $60,000 and even below that level during the weekend when the situation worsened.

 

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