Making a strong start to October, known as the rise month Bitcoinspotlight lately BitcoinIt rose to its highest level in nearly two years, driven by increasing speculation that official approval for its ETFs was imminent.
Bitcoin, which rose above $ 35,000 for the first time since May 2022, caused a great movement in the market. at this point BTC and altcoins have experienced a significant increase in the last 24 hours. While BTC exceeded $ 35,000 with an increase of over 11%, many altcoins also increased.
outside of BTC Ethereum, Filecoin (FIL) and Pepe (PEPE) There were also major increases in altcoins such as. ETH 8% in the last 24 hours; FIL 10.4%; PEPE, on the other hand, increased by 28%.
BitcoinWhile these increases were taking place in altcoins and altcoins, investors in short positions were also left in reverse and liquidated.
According to data from Coinglass, nearly $400 million worth of positions have been liquidated in crypto futures in the last 24 hours. Of this, $297.4 million consisted of short positions and $101.5 million consisted of long positions.
With 222.5 million dollars, which corresponds to a rate exceeding 50% among liquidated short positions Bitcoinranked first. After BTC, $57.76 million in ETH was liquidated, followed by Tellor (TRB) and Chainlink (LINK).
When we look at the liquidation amounts in the exchanges, Binance saw a total liquidation of 132 million dollars, OKX 115 million dollars, and Huobi 60 million dollars. The largest single liquidation took place on Binance with $10 million.
*This is not investment advice.
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