Ethereum

Solana

Bitcoin ETF

Bitcoin

Read

Between Dec. 25 – 26, the volume of liquidations in crypto markets exceeded $166 million. 
According to CoinGlass, altcoins account for a significant share of losses. At the time of writing, the daily volume of liquidations is $166.2 million, with a predominance of long positions. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="968" height="636" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-26-at-15.59.41.png" alt="Traders liquidated over $166m amid BTC price decline - 21" class="wp-image-14231575">
 <figcaption class="wp-element-caption">
 Source: CoinGlass
 </figcaption>
</figure> 
In addition to the traditional Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>) and Ethereum (<a href="https://crypto.news/price/Ethereum/">ETH</a>), trading pairs with Solana (<a href="https://crypto.news/price/Solana/">SOL</a>) and <a href="https://crypto.news/price/ORDI/">ORDI</a> are among the leaders in terms of loss volume. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="626" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-26-at-15.59.36-1024x626.png" alt="Traders liquidated over $166m amid BTC price decline - 22" class="wp-image-14231576">
 <figcaption class="wp-element-caption">
 Source: CoinGlass
 </figcaption>
</figure> 
The most significant liquidations occurred on the <a href="https://crypto.news/tag/binance/">Binance</a>, <a href="https://crypto.news/tag/OKX/">OKX</a>, and <a href="https://crypto.news/tag/Bybit/">Bybit</a> exchanges. As with the market, these are predominantly long positions – more than 60%. 
A series of liquidations occurred against the backdrop of a falling BTC rate. The cryptocurrency sank by 2%, reaching $42,750. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="611" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-26-at-16.09.09-1024x611.png" alt="Traders liquidated over $166m amid BTC price decline - 23" class="wp-image-14231577">
 <figcaption class="wp-element-caption">
 Source: CoinMarketCap
 </figcaption>
</figure> 
In 2023, Bitcoin <a href="https://www.bloomberg.com/news/articles/2023-12-22/bitcoin-btc-rallied-530-billion-in-2023-boosted-by-gamble-on-spot-etfs" target="_blank" rel="noopener">outperformed</a> almost all other asset classes including the global stock market and gold in growth dynamics. 
<a href="https://crypto.news/bitcoin-btc-price-prediction/">BTC growth</a> stood out this year growing by 163% in 2023. 
Amid expectations of an imminent decline in interest rates, easing regulatory pressure from the United States and the expected approval of a Bitcoin <a href="https://crypto.news/tag/etf/">ETF</a> by the U.S. Securities and Exchange Commission (SEC), analysts expect continued growth in crypto assets in 2024. 
 Read more: <a href="https://crypto.news/will-bitcoin-etfs-follow-gold-etfs-path-to-success/"> Will Bitcoin ETFs follow gold ETFs’ path to success? </a>

Traders liquidated over $166m amid BTC price decline

crypto.news

Otros artículos publicados el 26 dic 2023

Shiba Inu Official Encourages Community Involvement in Promoting Shibarium

Former Bitcoin Exchange Mt. Gox Begins Repayment Process

Revolutionizing Small-Scale Crypto Mining: GAMA’s Initiative in Africa

Bitcoin Climbs to 13th Place Among Global Currencies

Who Are The Owners Behind The Top 10 XRP Wallets Controlling 11% Of Supply?

Crypto Market Review : Top Gainers and Losers of 2023

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!