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A comment on $7.6B in crypto long positions liquidated in 1 hour as Bitcoin plunges to $52k. Parent comment

Re:$7.6B in crypto long positions liquidated in 1 hour as Bi... by kolinko on Sunday April 18, 2021 @12:38PM (#26853954)
If/when Tether collapses people will escape it en masse into bitcoin and ethereum.

Paradoxically, it can lead to the prices in crypto shooting up, not down.

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