In the bitcoin and altcoin market, over a billion dollars have been liquidated within 24 hours as Bitcoin (BTC) has been trading below $40,000 over the past day. cryptocoin.com We are giving the details as…
Sharp liquidations took place in the Bitcoin and altcoin market
Bitcoin and other cryptocurrencies are known as high-risk investments that are prone to extreme price fluctuations. But while this volatility makes them a concern for regulators, it also offers investors the opportunity to make substantial profits, especially when compared to traditional asset classes like stocks and commodities.
However, sometimes the opposite can happen. Traders who open long positions by betting that cryptocurrencies will rise are faced with liquidation as they face sharp price drops. The list below, shared by Watcher Guru, includes the largest purges that have taken place in the past 24 hours. The largest cryptocurrency Bitcoin is in the first place, while the leading altcoin Ethereum is in the second place.
- Bitcoin (BTC): 380 million dollars
- Ethereum (ETH): $273 million
- Left (LEFT): 33.5 million dollars
- Polkadot (DOT): $20.55 million
- XRP: 15 million dollars
- Cardano (ADA): $16.63 million
- Terra (Luna): 19.27 million dollars
- Binance Coin (BNB): $19.26 million
- Dogecoin (DOGE): $14.89 million
- Polygon (MATIC): $8.89 million
- The Sandbox (SAND): 8.09 million dollars
- Decentraland (MANA): 6 million dollars
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.