$ 100 million of liquidations, during the Bitcoin price to $ 29,000
$ 100 million of liquidations, during the Bitcoin price to $ 29,000
After the latest decline, the Bitcoin bulls finally reappeared and pushed the price up to the $ 29,000 mark.
This has brought a positive mood to the entire market, but also caused a sensation in terms of liquidated levered positions.
- According to the data from Coinglass, levered positions worth around $ 100 million have been liquidated in the last 24 hours.
- The overwhelming majority (82 %) naturally came from short positions.
- This happened when the BTC price exploded in the direction of $ 29,000, followed by the majority of the market.
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- Most liquidations came from BTC positions ($ 41 million), followed by ETH ($ 21.5 million).
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