Struggling to protect $30,000 for a while bitcoin lost this level in the last 1 hour.
bitcoin We see that the losses in altcoins are around 10% on average, while it regresses to $ 29,000 with a decrease of $ 1000 in a short time.
Rising as high as $2140 after Shanghai upgrade on Ethereum with this decrease, it fell to 1967$.
At the moment, we see that there is no news feed that could cause a drop in Bitcoin and that the drop is a correction of the rise in price in recent weeks.
With the sharp decline in Bitcoin, there has been a serious increase in the liquidations that have taken place in the last 1 hour.
While 166 million dollar position was liquidated in the last hour, 97% of it was long positions.
In the last 1 hour long liquidations, Ethereum has outstripped Bitcoin. Investors who longed Ethereum with high leverage, especially when the price exceeded $2000, were liquidated with this decline.
During this decline on Ethereum liquidations amounted to $35 million, in bitcoin liquidations remained at $25 million.
The liquidations in other altcoins are as follows:
Investors wondering where the decline in Bitcoin will stop will watch if there is a reaction from the $27800-$28500 region if the decline continues.
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