Solana

BNB Whales

Bitcoin

Bitcoin, the world's largest cryptocurrency, managed to rise above $ 35,000 again with a sudden movement. 
BTC, which increased by approximately 2% within minutes, reached $ 35,430 at its peak and is trading at $ 35,225 at the time of writing this article. Simultaneously with the rise in BTC, a movement began in altcoins, especially Solana increased its price by more than 4% in the last hour. 
<figure id="attachment_126342" aria-describedby="caption-attachment-126342" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-126342" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/11/BTCUSD_2023-11-07_21-28-51.png" alt="" width="1342" height="807">
 <figcaption id="caption-attachment-126342" class="wp-caption-text">
 Chart showing the sudden rise in BTC with 15-minute candles.
 </figcaption>
</figure> 
The suddenly increased volatility also caused large amounts of liquidations in the futures markets. Approximately 15 million dollars of position was liquidated in the last hour of the rise. Of these, $13.65 million affected investors with short positions. 
Related News: <a href="https://en.bitcoinsistemi.com/bnb-whales-active-ahead-of-istanbul-binance-blockchain-week-whales-to-be-getting-ready/" target="_blank" rel="dofollow">BNB Whales Active Ahead of Istanbul Binance Blockchain Week: Whales To Be Getting Ready</a> 
Of the liquidations in the last hour, $5.82 million was in BTC, $2.34 million in ETH, $1.63 million in SOL, $920,000 in XRP and, interestingly, $590,000 in ORDI. ORDI was listed by Binance today. 
On the other hand, the total value of assets liquidated in the last 24 hours was measured as 124 million dollars, of which 79 million dollars were in long positions and 45 million dollars were in short positions. BTC, ETH, XRP and SOL led the liquidations in the last 24 hours. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-surges-above-35000-again-what-does-the-latest-liquidation-data-show/">Bitcoin Surges Above $35,000 Again – What Does the Latest Liquidation Data Show?</a>

Bitcoin Surges Above $35,000 Again – What Does the Latest Liquidation Data Show?

Bitcoin Sistemi EN

Other articles published on Nov 7, 2023

Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to V...

Ordinals Protocol Token (ORDI) Spikes 50% on Binance Listing

XRP – LINK – DOGE Outpace Altcoin Growth While Bitcoin Stabilizes at $35000

XRP Coin Price Drops Below $0.7: What’s Next?

Binance US Announced Listing This Altcoin, Price Moved!

Taiwan’s Historic Decision: Bitcoin Set to Become Official Currency

Join our free newsletter for daily crypto updates!