The latest activity in the cryptocurrency market led to the liquidation of $ 324 million futures positions.
The USA announced Consumer Price Index (CPI) data on March 12. When inflation data came higher than expected, significant movements were seen in the cryptocurrency market.
Bitcoin price On March 12 at 17.00 CET around $73,300 within hours after rising to the band It dropped to $69,300. While this sudden mobility is also reflected in altcoins 324 million dollars There was a liquidation.
These purges 57.01% are long took place on positions. Positions in liquidation $185 million While the majority consists of long-sided transactions, 139 million dollars short The position was liquidated. A total of 93,680 investors were affected by the liquidation wave in the last 24 hours.
Positions in liquidation $111 million in Bitcoinin and $69 million in EthereumIt took place in .
324 million total liquidation amount in dollars $143 million portion cryptocurrency exchange OKX 2nd place while taking place on $107 million with Binance took place. Opened on the largest liquidation cryptocurrency exchange OKX $7.85 million Ethereum It became a long position.