Crypto traders lost $404M in 4 hours as bitcoin dipped below $80k

Long-position traders lost $404 million in just four hours as bitcoin briefly slipped below $80,000. Spot bitcoin ETFs also saw $773 million in outflows on Thursday and Friday, reversing three days of net inflows, according to SoSoValue data.

What's your approach to managing risk during sudden market drops?

#bitcoin #cryptomarkets #liquidations #etfs