Bitcoin panic selling, three long positions worth over $10 million liquidated in the past 5 minutes.

BlockBeats news, November 13, according to HTX market data, Bitcoin experienced a brief panic sell-off, falling below $70,000 and further below $69,000, currently at $69,358.54, with a 24-hour decline of 3.28%.

According to Coinglass data, the market liquidated 3 long positions worth over $10 million each within just 5 minutes. Among them, two were on the Binance platform and one on the Bybit platform. In the past 30 minutes, the total liquidation across the network reached $52.7155 million, with 1,172 liquidation orders.