Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin

Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin

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Futures traders betting on higher crypto prices saw some $217 million in liquidations in the past 24 hours as the approval of spot bitcoin (BTC) exchange-traded funds (ETF) continues to be a “sell-the-news” event, a contrarian bet that shows no signs of slowing. Fears of crypto fund Grayscale…

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