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Bitcoin batters longs as liquidations copy May 2021 run to $30,000 -Breaking

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© Reuters.

(BTCBulls have suffered significant pain in recent weeks due to ), and new data has just revealed how much.

Glassnode, an on-chain analytics company, tweeted this tweet Jan. 10. revealedBTC waiting for its release had seen a replay of the events in May when it fell to $22,000.

Bitcoin futures long liquidations dominance annotated chart. Source: Glassnode/Twitter