Bitcoin

Million

Following the most recent decline, Bitcoin bulls have finally resurfaced, pushing the price all the way up to the $29K mark.
This has brought positivity to the entire market, but has also caused a stir in terms of liquidated leveraged positions.
<ul>
<li>The past 24 hours saw around $100 million worth of leveraged positions being liquidated, <a href="https://www.coinglass.com/LiquidationData" data-wpel-link="external" target="_blank">according</a> to data from Coinglass.</li>
<li>Naturally, the overwhelming majority of this (82%) came from short positions.</li>
<li>This happened as the BTC price exploded toward $29K, followed by the majority of the market.</li>
</ul>
<figure id="attachment_247994" aria-describedby="caption-attachment-247994" style="width: 1182px" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32.png" data-wpel-link="internal"><img class="size-full wp-image-247994" src="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32.png" alt="BTCUSDT_2023-04-26_15-06-32" width="1182" height="491" srcset="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32.png 1182w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32-300x125.png 300w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32-1024x425.png 1024w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32-768x319.png 768w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-26_15-06-32-50x21.png 50w" sizes="(max-width: 1182px) 100vw, 1182px" /></a><figcaption id="caption-attachment-247994" class="wp-caption-text">Source: TradingView</figcaption></figure>
&nbsp;
<ul>
<li>Most of the liquidations came from BTC positions ($41M), followed by ETH ($21.5M).</li>
</ul>
The post <a href="https://cryptopotato.com/100-million-in-liquidations-as-bitcoin-price-explodes-to-29k/" rel="nofollow">$100 Million in Liquidations as Bitcoin Price Explodes to $29K</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

$100 Million in Liquidations as Bitcoin Price Explodes to $29K

CryptoPotato_News

2023년 4월 26일에 게재된 다른 기사

Berrystore, successfully auctions Manny Pacquiao autographed glove

What is Render Network? RNDR Price Prediction 2023, 2024, 2025

The Bahamas to Enforce Stricter Crypto Rules Following the FTX Meltdown (Report)

Bitcoin correlation with gold surges, amidst banking news

How Maple Finance Helps Institutional Borrowers with Undercollateralized Loans

NFL set to revolutionize blockchain gaming with Polkadot

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!