Crypto Morning Flash Crash Reversal, Over $100 Million Liquidated in Less Than 4 Hours, Double Whammy for Longs and Shorts

BlockBeats News, June 22nd. This morning, Bitcoin experienced a turnaround trend influenced by the news of the US-Iran negotiations. After an initial drop, it began to rise, reaching a low of $63,300 before starting its upward movement. It is now trading at $64,610.79.

According to Coinglass data, approximately $107 million was liquidated in the past 4 hours across the entire network. Long positions worth $42.85 million and short positions worth $63.87 million were liquidated.