With Bitcoin (BTC) dropping 5% in the last 24-hour period and falling below $40, the cryptocurrency market suffered millions of dollars in losses.
Bitcoin has fallen 5% in the past 24 hours $41,800 from level 39,500 fell to the dollar. This situation is worth hundreds of millions of dollars. liquidation of futures position led.
According to Coinglass data, at the time of writing the article 24 hours Total value of positions liquidated within $215 million happened. In total More than 80 thousand cryptocurrency investors It was stated that he was affected by this situation.
The largest liquidation opened on cryptocurrency exchange Bybit. $5 million Bitcoin long Approximately the total positions liquidated while holding a position 82.71% are long It was reported that it was due to positions.
Positions in liquidation 64 million dollars from Bitcoin And $51 million in Ethereum (ETH) happened. When the data on all cryptocurrencies are examined, within 24 hours $178 million long While the directional position is liquidated, short Total value of positions liquidated by for 37 million dollars responded.
$215 million total liquidation amount $84 million largest cryptocurrency exchange Binance while taking place on 2nd place $62 million with liquidation OKX took place.
Bitcoin in the last 24 hours 5% While it decreased, this decrease was reflected much more harshly on altcoins. Ethereum, down 6.5% 2,465 from dollars for $2,300 came. If Solana (SOL) $91.8 from levels 10% with transcendental decline 82.12 reached the dollar level.