Red Night in Bitcoin: 7 Thousand Dollar Drop Exploded into Hundreds of Millions of Dollars!

With Bitcoin (BTC) falling by 7% in the last 24-hour period to $66,850, the cryptocurrency market suffered millions of dollars in losses.

Bitcoin has fallen 7% in the past 24 hours $73,730 from level to $66,850 decreased by . This situation is worth hundreds of millions of dollars. liquidation of futures position led.

According to Coinglass data, the total value of positions liquidated in the last 24 hours at the time of writing Reached 680 million dollars. In total More than 192 thousand cryptocurrency investors It was stated that he was affected by this situation.

Opened on the largest liquidation cryptocurrency exchange OKX $13 million Bitcoin long Approximately the total positions liquidated while holding a position 80% of long It was reported that it was due to positions.

Positions in liquidation 242 million dollars from Bitcoin And $114 million in Ethereum (ETH) happened. When the data on all cryptocurrencies are examined, within 24 hours $545 million long While the directional position is liquidated, short Total value of positions liquidated by for 133 million dollars responded.

Total liquidation amount of 680 million dollars 251 million dollars largest cryptocurrency exchange OKX while taking place on 2nd place $191 million with liquidation Binance took place.

source site-9