Ethereum Leads Liquidations as Cryptocurrency Prices Drop

The total value of the cryptocurrency market has dropped by about 6% in one day, according to CoinGecko data.

Bitcoin (BTC) price in an hour several thousand dollars While falling, some altcoins such as ether (ETH), Binance Coin (BNB), Cardano (ADA) are on an hourly basis. at rates exceeding 3% depreciation occurred.

According to Bybt data, the activity in the market is approximately in an hour. $540 million led to the liquidation of the position and their approximately $245 million originated from ether positions.

within the same time period $72 million bitcoin position was liquidity.

made on social media in a post, at the time of fall Nearly 35,000 ETH of an investor’s position on Bitfinex is liquidated. attention was drawn.

Preparing for the Altair update today, Ethereum renewed its own price record after surpassing $4,000 last week.

ETH/PERP, Bitfinex, between 10:30-12:10 Turkey time


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