By Bitman — Jan 20, 2025 Bitcoin hit another all-time high today, reaching $110K on Binance.High futures volume is likely to bring more volatility throughout the day, but could this be a case of ‘front-running’ ahead of potential announcements in the coming hours?
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Nearly $1 BILLION in liquidations of perpetual futures contracts in the past 24 hours. Interestingly, even with Bitcoin hitting an all-time high, over $667 million came from long liquidations.