Bitcoin (BTC) Drops to $20,800: $560M Liquidated

According to data from Coinglass, $560 million of futures positions have been liquidated in the past 24 hours. The majority of the liquidations are positions on the OKEX exchange.

Bitcoin price on August 19 is approx. 10%exhibited a decline. Seeing the lowest price of Bitcoin in the last 1 month caused activity in the market. Bitcoin price, with this drop, daily MA50 moving average is under his support. Ethereum price 1600 dollars level and bitcoin price $20,800 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 561 million dollar position was liquidated. 113,017 different users The largest position that was liquidated at once in this short period of time when it was liquidated $4.41 million with Binance on the stock market ETH/USDT occurred on par.

Positions in liquidation $218 million In Bitcoin, $208 million In Ethereum, 25 million dollars It happened on Ethereum Classic.

When the data on all cryptocurrencies are examined $478 million in 24 hours While the long (long) position is liquidated, the total value of the positions liquidated on the short (short) side $82 million corresponds. Total liquidation volume of $560 million $289.29 million It took place on the OKEX exchange. Popular cryptocurrency exchange ranked 2nd in 24-hour liquidation volume Binance if on 104.90 million dollars There appears to be a total liquidation.

Bitcoin-focused past Short/long position covering 24 hours When we look at the data, users 48.7%at the rate of long, 51.30%at the rate of short It turns out that he took a directional position.

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