bitcoin While it regressed to the level of $ 18500, the leveraged transactions of many long position investors closed with a loss.
Looking at the liquidation data provided by Coinglass in the last 24 hours the situation is as follows:
How Many Investors Got Liquidity?
To the last low, 100,742 traders were liquidated. One of these traders lost $2.57 million in a single position on the OKX exchange.
How Much is Total Liquidation?
350 million dollars evaporated in the last 24 hours. $288 million of this was in long positions. While the market was falling, it was seen that the 64 million dollar short position also managed to be liquidated.
Most Liquidation in Bitcoin
$125 million of the $350 million liquidation that took place in the last 24 hours was on Bitcoin.
Which Altcoin Has the Most Liquidation?
The second largest cryptocurrency and the largest altcoin Ethereum It was the crypto currency with the most liquidations after Bitcoin.
104 million dollars evaporated on Ethereum. Before the Merge on September 13-15, long positions in ETH increased. Among these positions, the highly leveraged ones were cleared with yesterday’s drop.
After Ethereum, the most liquidation occurred in Ethereum Classic. ETC is expected to benefit the most from Ethereum’s transition to POS.
Therefore, interest in ETC has increased recently. The liquidation rates experienced also reveal this.
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