Ethereum

Bitcoin

Million

The past hour has caused a bloodbath within the cryptocurrency industry as most of them took a massive beating.
This saw a whopping $160 million worth of liquidated leveraged long positions in less than sixty minutes, the bulk of which came from ETH traders.
<ul>
<li><a href="https://www.coinglass.com/LiquidationData" data-wpel-link="external" target="_blank">According</a> to data from Coinglass, the total amount of liquidations throughout the past hour alone is $164 million.</li>
<li>Given that 98% of these came from leveraged long positions, only $4 million was from short sellers. The bulls took a beating.</li>
<li>The bulk of the liquidations in the past hour came from ETH positions which account for around $36 million.</li>
<li>Bitcoin remains a close second with about $27.6 million, followed by DOGE and XRP.</li>
</ul>
<figure id="attachment_247081" aria-describedby="caption-attachment-247081" style="width: 3086px" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39.png" data-wpel-link="internal"><img class="size-full wp-image-247081" src="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39.png" alt="BTCUSDT_2023-04-19_12-08-39" width="3086" height="858" srcset="https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39.png 3086w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-300x83.png 300w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-1024x285.png 1024w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-768x214.png 768w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-1536x427.png 1536w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-2048x569.png 2048w, https://cryptopotato.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-19_12-08-39-50x14.png 50w" sizes="(max-width: 3086px) 100vw, 3086px" /></a><figcaption id="caption-attachment-247081" class="wp-caption-text">Source: TradingView</figcaption></figure>
The post <a href="https://cryptopotato.com/160-million-long-positions-liquidated-in-minutes-as-bitcoin-crashes-below-29k/" rel="nofollow">$160 Million Long Positions Liquidated in Minutes as Bitcoin Crashes Below $29K</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

$160 Million Long Positions Liquidated in Minutes as Bitcoin Crashes Below $29K

CryptoPotato_News

在 2023年4月19日發表的其他文章

Get Ready for the Dogecoin Meme Pump: Will 4/20 Bring a New Rally?

XRP Price Analysis: Surge in Market Cap and Breakthrough of Crucial Resistance Levels

Embracing Multi-Blockchain & Innovation in Photography Industry

Twitter Changes Name to X Corp Amid Rumors of Dogecoin Adoption by Elon Musk

Billions Invested by VCs in 2023 Despite US War on Crypto

Square Enix Strengthens Commitment to Web3 Gaming with New Partnership

訂閱免費電子報，每天收取加密貨幣最新動態！