# $500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?
“# $500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next? ” Roughly $500 million worth of cryptocurrency futures positions were liquidated in the past 24 hours. The mass liquidation of positions happened before the price of Bitcoin (BTC) dipped below $34,000 on Jan. 17. Bitcoin total liquidations. Source: Bybt.com Why were…