Leading cryptocurrency Bitcoin After a long time, it rose above $40,000, making investors happy.
at this point BTC While rising to $41,700 in altcoins There were also significant increases.
Commenting on this rise of Bitcoin, analysts think that increasing optimism about the approval of the spot Bitcoin ETF in the USA and dovish statements made by the FED triggered this rise.
Some analysts argue that ETF optimism and positive statements from the FED, as well as the clearing of these increasing short positions, also support the rise.
While these increases were experienced in Bitcoin and altcoins, investors in short positions were also left in reverse and liquidated.
at this point According to data from CoinGlass, $208.9 million was liquidated in crypto futures in the last 24 hours. Of this, $161.95 million consisted of short positions and $47.2 million consisted of long positions.
Among the short positions liquidated, $81.23 million Bitcoin ranked first. after BTC in Ethereum (ETH) While $30.79 million was liquidated, ETH ORDI And Solana (LEFT) followed.
Considering the liquidation amounts in the stock exchanges Binance 80 million dollars in total, OKX 56 million dollars, Huobi saw liquidation of $23 million.
Bitcoin continues to trade at $41,600 at the time of writing.
*This is not investment advice.
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