Coinspeaker
Crypto Traders Liquidated Over $157M amidst Rising Volatility
In the wake of intensified market fluctuations, the last 24 hours witnessed liquidations of leveraged crypto positions surpassing an astonishing $157 million. According to Coinglass data, most of the liquidations were linked to long positions, resulting in a significant loss surpassing $134 million. Conversely, short positions were more modest, contributing around $22 million to the total liquidations.
Bitcoin Dips Below $41,000
Over the past 24 hours, Bitcoin (BTC), the leading crypto asset in the industry, has experienced a significant decline of more than 2.53%, according to CoinMarketCap data. The crypto asset slipped below $41,000 to $ 40,720 with a market capitalization of around $795 billion.
Interestingly, the dip comes on the heels of the Securities and Exchange Commission’s (SEC) approval of multiple spot Bitcoin ETFs just twelve days ago. Since then, bitcoin has seen a depreciation of over 7% in its
We współpracy z: https://www.coinspeaker.com/crypto-traders-liquidated-157m/
