$480M worth of liquidation amid Bitcoin sustain $34,000 resistance
A gigantic rally in Bitcoin (BTC) has resulted in more than $480 million worth of liquidations in the digital assets markets. The data from crypto aggregator Coinglass revealed these liquidations within the past 24 hours. Bitcoin, the leading cryptocurrency, surged 9.4% in the same period, trading at $33,913. This marks an overall increase of over […]
Massive Bitcoin liquidation shake traders, after reports emerge JPMorgan Steps in with Blockchain Payment System
Bitcoin shorts worth $24 million were liquidated over a single day, resulting in substantial losses for traders. These liquidations affected 26,390 traders, totaling a liquidation value of $62 million. The largest single liquidation occurred on Bitmex, where a position valued at $5.15 million in Bitcoin was liquidated. This period saw the liquidation of both long […]
$1 billion crypto liqudiations in 24 hours: who’s responsible?
Crypto traders experienced significant losses as bitcoin and ether suffered a sharp sell-off. Over the past 24 hours, approximately $1 billion in liquidations occurred, according to Coinglass data. Bitcoin’s price dropped to around $25,000 on the Binance exchange, reaching a two-month low. Long positions totaling $821 million were wiped out during the sell-off, with bitcoin […]