Over $ 90 million of liquidations, while Bitcoin mysteriously shrinks to $ 27,000
Over $ 90 million of liquidations, while Bitcoin mysteriously shrinks to $ 27,000
Bitcoin rose by 4.5 % on Tuesday, although the US stock exchange supervision SEC has submitted several complaints against two of the world's largest crypto exchanges this week.
The event triggered liquidations of $ 94 million on the last day, which mostly consisted of empty sales.
- according to data from coin glass In the last 24 hours, short trades worth 61.5 million US dollar and long-trading Value of $ 32.4 million. At the time of writing this article, Bitcoin is traded for $ 27,146.
- When observing the Bitcoin trade, Coinglass counted Short Liquidations of $ 30.87 million and long liquidations in the amount of $ 7.27 million.
- The liquidation wave affected 32,000 dealers, with the largest liquidation order on Binance with a volume of $ 5.6 million.
- The rally from Bitcoin follows the one by coinbase legal contestation from the SEC is contrary to hers descent after the Binance lawsuit of the SEC on Monday.
- on-chain data of Blockware shows that small BTC addresses (<1 btc) have accumulated 2,545 BTC on Monday, which means that some investors may have bought the decline.
- In comparison, BNB and ADA recorded relatively modest growth-two cryptos that were targeted in the complaints against Binance or Coinbase.
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