$170 Million In Futures Liquidate As Bitcoin Recovers Above $38k
Data shows more than $170 million in Bitcoin futures has liquidated over the past 24 hours as the price of the crypto makes sharp recovery above $38k. BTC Price Makes Sharp Recovery From Crash Due To Russia’s Invasion Of Ukraine Following the commencement of the Russian invasion of Ukraine yesterday, the price of Bitcoin took a deep plunge down as investors pulled out of the market. During this crash, the coin’s value went as low as $34.4k. However, today the value of the crypto already seems to have made some sharp recovery as the price hit $39k earlier in the day. At the time....
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After today’s incredible Bitcoin move where the price climbed to $47.5k, shorts worth around $47 million liquidated within an hour. $47,000,000 In Bitcoin Futures Shorts Liquidate Within Just An Hour As pointed out by an analyst on Twitter, around $47 million in Bitcoin futures shorts have liquidated within an hour today. If you don’t know […]
As the Bitcoin price crashes to $41k today, the crypto futures market has observed more than $323 million in liquidations over the past 24 hours. More Than $323 Million In Crypto Futures Liquidate Over The Past Day In case anyone isn’t aware of what futures “liquidations” are, it’s best to take a brief look at […]
Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain tracking, contract upgrade and judicial recovery. As asked by the law enforcements, we will publish all the details once the case is closed.” The Kucoin co-founder stated that the exchange has resumed trading for 176 tokens and the rest will be re-opened before November 22. Hackers made off....
‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor. Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time.In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to sell,” he would not hesitate to dump MicroStrategy’s 38,250 Bitcoin (BTC) at a moment’s notice if an alternative asset’s yields were to jump.Selling such a large amount of the crypto asset could easily cause a significant price drop, as happened in June when....
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF. Valkyrie Funds, a major cryptocurrency fund manager in the United States, will soon be liquidating one of its Bitcoin (BTC)-related exchange-traded funds (ETFs).The firm announced on Oct. 11 plans to close the Valkyrie Balance Sheet Opportunities ETF, a crypto investment product offering indirect exposure to BTC.The fund will be delisted from the Nasdaq Exchange as Valkyrie plans to liquidate the ETF on Oct. 31, 2022.According to the....