The cryptocurrency market suffered millions of dollars in losses as Bitcoin (BTC) fell 9.8% in the last 24-hour period, falling below $42,000.
According to Coinglass data, the total value of positions liquidated in the last 24 hours at the time of writing $344 million happened. In total More than 101 thousand cryptocurrency investors It was stated that he was affected by this situation.
The largest liquidation opened on cryptocurrency exchange Bybit. $4.6 million Bitcoin long Approximately the total positions liquidated while holding a position 78.65% are long It was reported that it was due to positions.
Positions in liquidation 132 million dollars from Bitcoin And $80 million in Ethereum (ETH) happened. When the data on all cryptocurrencies are examined, within 24 hours $271 million long While the directional position is liquidated, short Total value of positions liquidated by for 73 million dollars responded.
Total liquidation amount of $344 million 132 million dollars largest cryptocurrency exchange Binance while taking place on 2nd place $101 million with liquidation OKX took place.
Bitcoin in the last 24 hours 9.82% While it decreased, this decrease was reflected much more harshly on altcoins. Ethereum during the same period 8.79%Binance Coin (BNB) 7.60% and Cardano (ADA) 8.90% experienced a decline. The total value of the cryptocurrency market is Up to $1.76 trillion declined.
