Crypto Liquidations Hit $929M as Bitcoin Hit Eight-Month High Price

The post Crypto Liquidations Hit $929M as Bitcoin Hit Eight-Month High Price appeared first on Coinpedia Fintech News

Bitcoin has surged above $86,000 for the first time in eight months, rising sharply from around $75,000 on September 15. The rally has triggered $929.14 million in liquidations, putting heavy pressure on leveraged traders.  Meanwhile, on-chain data shows many smaller Bitcoin holders had already sold before the breakout, as the market now sets its sights …