Bitcoin Price Outlook: Almost $521 million in total liquidations as BTC hits new ATH

Bitcoin (BTC) price nuked on Tuesday to an all-time high of $69,324, blowing millions in short and long positions out of the water. Bitcoin (BTC) price shattered the previous peak of $68,999.99 recorded in 2021 to set a new all-time high (ATH) of $69,324 on Tuesday. Data from Coinglass shows that over the last 24 hours, cryptocurrency markets have witnessed over $521 million in total liquidations, comprising $196.6870 million in short positions against $324.287 million in long positions.

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