Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from CoinGlass, the latest volatility in the cryptocurrency market has led to large liquidations on the derivatives side. “Liquidation” here naturally refers to the…
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After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their positions liquidated over the last day.…
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The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations Reported By 4:00 p.m. Eastern Time on Saturday, bitcoin’s…
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On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near…
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A notable perspective recently came from the Glassnode co-founders Jan Happel and Yann Allemann, Negentropic on X, who recently shared insights into Bitcoin price dynamics. Notably, the analysts highlighted liquidity as a crucial factor for Bitcoin’s price trajectory. Bitcoin Market On The Brink Of Spike In Volatility Negentropic revealed that BTC’s recent ascent above $42,200…
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Data shows the cryptocurrency futures sector has gone through a mass liquidation event in the past 24 hours as Bitcoin has witnessed a sharp crash. Crypto Futures Liquidations Have Added Up To $659 Million In Past Day The cryptocurrency market has seen sharp price action during the past 24 hours. As is usually the case…
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Data shows the cryptocurrency longs have taken a beating today because of the plunge towards $34,000 that Bitcoin has observed. Cryptocurrency Futures Market Has Seen Liquidations Totaling $137 Million Today According to data from CoinGlass, a large amount of liquidations have taken place in the cryptocurrency futures market during the past day. “Liquidation” here refers…
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On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin and ethereum…
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Bitcoin liquidations have been ramping up over the last day following the market crash that rocked the crypto space on Thursday. The result of this is a liquidation event, the likes of which have not been seen since the FTX collapse back in 2022. And Bitcoin’s numbers have shot up as long traders are completely…
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