42m ago
ETF Flows Reverse March 18 as $588.1M Liquidations Hit Crypto Longs
On March 18, crypto markets weakened as spot ETF flows flipped to net outflows and leveraged positions were forced out. Bitcoin ETF products saw about $129.6 million in net outflows while Ethereum ETFs recorded roughly $55.5 million, alongside $588.1 million in liquidations over the past 24 hours. Bitcoin traded near $69,000 and Ethereum fell below $2,200 as longs made up most of the wipeout.