a judge in the USA Ripple‘s secondary sales, namely its trading on the stock exchanges, did not violate the securities laws, which greatly increased the market.
Ripple yesterday, it showed an increase of almost 100% on a daily basis, approaching the $1 limit, and today it is struggling to protect $ 0.80.
Ripple’s victory is not considered an isolated decision that only concerns him. With this victory for Ripple, it is thought that many altcoins traded in the secondary markets are not securities and the theses of the SEC collapsed. This thought has caused altcoins, which have been under SEC pressure for a long time, to rise again.
With the victory news from the Ripple case BTC The 2% retracement experienced in the dominance also showed that interest returned to altcoins.
290 Million Dollars Liquidated
While the market was giving money quite generously yesterday, some investors again fell victim to their greed and greed.
According to data provided by Coinglass, $290 million worth of positions have been liquid in the last 24 hours. In other words, the $290 million futures position closed with a loss.
Of these liquidations, $217 million was held in short positions, while $72 million in long positions. Even in the emerging market, the $72 million long liquidation showed once again that investors should stay away from high leverage.
When we look at the liquidation map, we see that the highest liquidation occurred in Bitcoin and then in XRP.
Of the $61 million liquidation experienced in XRP, $34 million was in short positions and $26 million in long positions.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!