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Long traders accounted for nearly 90% of the liquidations, with $1.14 billion in bullish bets erased.
Price consolidation continues near key support as volume activity remains elevated above weekly averages.
Bitcoin steadied above $111,000 as traders awaited U.S. inflation data. Corporate treasury moves in Africa offered support even as Japan’s bond turmoil clouded the macro backdrop.
Bitcoin, ether (ETH) advanced 2%-3% over the past 24 hours on strong day for cryptos. BTC bottomed last week and should rise further based on daily cycles theory, according to