Mt. $220 Million Crypto Position Liquidated After Gox News

The small-scale decline in the cryptocurrency market today caused losses to investors taking leveraged long positions.

The Bitcoin price experienced a small decline before rising again towards noon. Liquidated more than $220 million in derivatives markets led. This 160 million dollars created long positions.

According to Coinglass data, liquidations $36.4 million While originating from Bitcoin 28.5 million in Ethereum, 20.2 million in Solana, 8.3 million in ORDI There was liquidation of dollar value.

The dynamism in the market is partly due to crypto exchange Mt. Gox’s to its creditors to refund money It came after the allegations that it started. Mt. Gox in 2014 850,000 Bitcoins It was the industry’s largest stock exchange before it was attacked in value.

The current value of the BTCs stolen in the attack is approximately 36 billion dollars It does.

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