Bitcoin (BTC) Drops To $18,600: Nearly $360 Million Liquidated In The Last 24-Hour Period

About $360 million in futures positions have been liquidated in the past 24 hours, according to data from Coinglass. The majority of the liquidations are positions on the Okex exchange.

Bitcoin price on September 6 is approx. 5.50%exhibited a decline. Bitcoin’s lowest daily close since December 2020 $18,790 It has caused dynamism in the market. Bitcoin price weekly with this drop MA200 moving average is under his support. Ethereum price $1,500 level and bitcoin price 18,650 dollar There were major liquidations in the market as the market regressed to its level.

coinglass According to the data, at the time of writing the article, within a 24-hour period, a total of 358.89 million dollar position was liquidated. 103 thousand different users In this short period of liquidation one-off liquidation biggest position 2.57 million dollars with okex on the stock market BTC/USDT occurred on par.

Positions in liquidation $124.42 million In Bitcoin, $110.47 million In Ethereum, $40.3 million On Ethereum Classic, 3.52 million dollar was on Solana.

When the data on all cryptocurrencies are examined $290.20 million in 24 hours While the long (long) position is liquidated, the total value of the positions liquidated on the short (short) side $68.69 million corresponds. Total liquidation volume of $358.89 million $143.17 million okex took place on the stock exchange. Popular cryptocurrency exchange ranked 2nd in 24-hour liquidation volume Binance if on $83.52 million There appears to be a total liquidation.

Bitcoin-focused past Short/long position covering 24 hours When we look at the data, users 47.95%at the rate of long, 52.05%at the rate of short It turns out that he took a directional position.

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