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$160 million in long positions liquidated in minutes as Bitcoin crashes below $29,000
The last hour has caused a bloodbath in the cryptocurrency industry as most of them took a massive hit. A whopping $160 million worth of leveraged long positions were liquidated in less than sixty minutes, the majority of which came from ETH traders. According to data from Coinglass, the total amount of liquidations in the last hour alone is $164 million. Given that 98% of this came from leveraged long positions, only $4 million came from short sellers. The cops were beaten. The majority of liquidations in the past hour came from ETH positions, representing around $36 million. …
$160 million in long positions liquidated in minutes as Bitcoin crashes below $29,000
The last hour has caused a bloodbath in the cryptocurrency industry as most of them took a massive hit.
A whopping $160 million worth of leveraged long positions were liquidated in less than sixty minutes, the majority of which came from ETH traders.
- Nach Angaben von Coinglass beläuft sich der Gesamtbetrag der Liquidationen allein in der letzten Stunde auf 164 Millionen US-Dollar.
- Angesichts der Tatsache, dass 98 % davon aus gehebelten Long-Positionen stammten, stammten nur 4 Millionen US-Dollar von Leerverkäufern. Die Bullen wurden geschlagen.
- Der Großteil der Liquidationen in der vergangenen Stunde stammte von ETH-Positionen, die rund 36 Millionen Dollar ausmachen.
- Bitcoin bleibt mit etwa 27,6 Millionen Dollar knapp an zweiter Stelle, gefolgt von DOGE und XRP.
TradingView.