Liquidations Surpass $300 Million As Bitcoin Touches 40-Day Lows
Crypto liquidations have been ramping up coming out of the weekend. The market had recorded a number of dips that saw more than $80 billion shaved off the crypto market. This had meant that bitcoin had declined to the $38,000 territory and had taken the rest of the market with it. However, contrary to expectations that the digital asset would record the most liquidations, that title had been claimed by the second-largest cryptocurrency, Ethereum. Bitcoin, Ethereum Lead Liquidations Bitcoin liquidations were no doubt one of the highest in the space. Being the biggest digital asset in the....
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Crypto liquidations had ramped up following the market crash. Even with the recovery had come more liquidations as short calls had also taken a hit. However, with the recovery moving over the last week, the market has begun to regain some semblance of balance and so the liquidations have begun to settle. Crypto Market Liquidations Relaxes Although liquidations cannot entirely stop, the liquidations have begun to subside. It had fallen from over $1 billion in liquidations at the height of the market crash and has slowly but surely returned to normal levels. This is obvious in liquidations....
The crypto market has been bouncing back and forth in the past few days. Over 124,003 traders saw more than $421 million liquidated in a 24-hour period as prices tumbled wildly throughout yesterday and today. The crypto market is falling to new lows not seen since November. With a total loss of $421 million, Bitcoin (BTC) accounted for most of the losses, followed closely by Ethereum (ETH). Related Reading | TA: Ethereum Bears Aim Big After Recent Breakdown Below $2.5K Crypto Traders Liquidations Figure Most of these liquidations occurred on Binance, FTX, and Okex. As a result,....
The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their positions liquidated. Bitcoin Dip Triggers $151 Million Liquidations Over the last 24 hours, more than 57,000 traders have been liquidated in the crypto market. This has led to a total of $151 million in assets liquidated over the last day. The most prominent of these has been....
The crypto market recently saw a downturn that caused $120 billion to be taken off the total market cap in the space of a day. This obviously had caused panic across the market, triggering sell-offs from investors who were trying to save themselves from more losses. However, more than 110k traders would record hundreds of millions of dollars in losses as the downtrend had caused a cascading liquidation event. Traders Lose $430 Million The crypto market has recorded one of the largest liquidation events of 2022. On Thursday, the price of bitcoin had fallen below $37,000 hot to the news of....
Crypto market liquidations have not slowed down since bitcoin’s crash had dragged the rest of the market down with it. Now that the digital asset has crashed below $23,000, the liquidations have quickly ramped up. By Monday, liquidations had quickly crossed $500 million. Before the end of the day, the number had barreled above $1 […]