While the Bitcoin price declined to $29,944, the total value of the cryptocurrency market also fell in conjunction with it.
Total cryptocurrency market shrinking from $1.56 trillion to $1.36 trillion from the market about 200 billion dollars deleted. Also, Bitcoin is the first time since July 2021. 30,000 fell below the dollar.
About the last 24 hours 5% falling Bitcoin, at the time of writing At the level of 32 thousand dollars exists.
According to Coinglass data, at the time of writing, the last 24 hours The total value of the liquidated positions $1.11 billion it happened. in total from 291 thousand It was reported that many crypto money investors were affected by this.
The largest liquidation on the BitMEX exchange $6.3 million While Bitcoin has a long position, approximately the total positions liquidated 72% of It was reported that it was caused by long (long) positions.
361 of positions in liquidation million dollars from bitcoin, 326 million dollars From Ethereum, $100 million came from LUNA and about $25 million from Solana.
The majority of these liquidations were due to the OKX exchange, followed by Binance. According to data at OKX within 24 hours 317 million dollar, 271 on Binance million dollar value was liquidated.