May 12, 2025

$313,090,000 in Liquidations Hits Crypto Markets As Bitcoin Touches $59,000 Following Mt. Gox Statement

1 min read

A correction in Bitcoin (BTC) and crypto markets is deepening after news that former crypto exchange Mt. Gox is following through with a plan to distribute roughly $9 billion worth of digital assets. According to crypto data aggregator Coinglass, over $313 million in positions have been liquidated in the last 24 hours, mostly traders long The post $313,090,000 in Liquidations Hits Crypto Markets As Bitcoin Touches $59,000 Following Mt. Gox Statement appeared first on The Daily Hodl .

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