Ethereum Liquidations Touch $50 Million As Price Falls To $2,500
The recent market crash has once again sent Ethereum crashing towards $2,500. This dreaded point for the digital asset has since been avoided with much success but with market momentum declining every day, there may be more to come. As expected, the price decline has led to liquidations in the cryptocurrency, running into $50 million […]
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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....
Data shows liquidations in the crypto futures market have amounted to around $500 million over the past day as the price of Bitcoin plunges below $36k. About $500 Million Liquidated In Crypto Futures Over Last 24 Hours In case anyone’s not aware of what “liquidations” are, it’s best to first see a basic overview of […]
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....
Bitcoin price had touched briefly above $25,000 in the past day, but the rejection at this point had sent the digital asset spiraling downward. It had inevitably ended in the high $23,000 before staging a recovery. However, by then, the damage had already been done to a lot of traders. Liquidations had ramped up as […]
As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over 78,000 Traders Liquidated For $330 Million Coinglass data shows that the last 24 hours have been brutal for crypto traders. In this short time, more than 78,000 crypto traders have seen their positions liquidated, leading to hundreds of millions of dollars in losses. Related....