Bitcoin’s Rapid Rush to ATH Caused a Loss of Half a Billion Dollars in Cryptocurrencies!

The movement experienced as Bitcoin (BTC) winked at ATH and rose to $68,700 liquidated futures positions worth hundreds of millions of dollars.

While the cryptocurrency market has accelerated its upward momentum that has been continuing for months, Bitcoin to $68,700 rose. According to CoinGlass data, with the dynamism that comes with the recent rises, 560 million dollars worth in 24 hours The futures position was liquidated.

These purges 52.51% are short positions took place on. Positions in liquidation 294 million dollars part short When creating directional transactions 266 million dollar da long The position was liquidated. Total from the liquidation wave in the last 24 hours 165 thousand investors impressed.

Positions in liquidation $162 million in Bitcoinin and $89 million in EthereumIt took place in .

One of the altcoins most affected by the liquidation wave Dogecoin (DOGE), Shiba Inu (SHIB) And Solana (LEFT) came. According to data, there is $34.9 million long in DOGE and 22 million dollars in SOL. million dollar short and SHIB 28 million dollar short position was liquidated.

560 million total liquidation amount in dollars 235 million dollars part world’s largest cryptocurrency exchange Binance 2nd place while taking place on $196 million with OKX took place. The largest liquidation opened on cryptocurrency exchange Binance $8.23 million Bitcoin became the position.

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