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Liquidated $ 200 million in one hour, while Bitcoin (BTC) crashes to $ 27,000
It seems that the bulls celebrated too early because the cryptocurrency market has turned to the worse. After he rose to $ 30,000 this morning, the price made a sudden turning turn and crashed to $ 27,000 in less than an hour. As a result, almost $ 200 million in liquidated, lit positions remained in the last hour alone. More than 90 % of the liquidations in the past hour were long positions that made up more than $ 157 million. Binance and OKX make up the majority of the volume. In fact, 97 % of the liquidations on Binance were levered long positions. TradingView at the time ...
Liquidated $ 200 million in one hour, while Bitcoin (BTC) crashes to $ 27,000
It seems that the bulls celebrated too early because the cryptocurrency market has turned to the worse. After he rose to $ 30,000 this morning, the price made a sudden turning turn and crashed to $ 27,000 in less than an hour.
- As a result, almost $ 200 million in the last hour alone in liquidated lit positions remained.
- More than 90 % of liquidations in the past hour were long positions that made up more than $ 157 million. Binance and OKX make up the majority of the volume.
- In fact, 97 % of the liquidations were levered long positions.
Tradingview
- At the time of writing this article, BTC is traded at around $ 27,500, but the volatility is extreme.
- The rest of the market was also beaten, with ETH fell to $ 1800
.