It seems that the bulls might have celebrated too early, because the cryptocurrency market took a flip for the more serious. After having surged to $30K earlier right now, the worth took a sudden u-turn and plummeted to $27K in lower than an hour.
- This left near $200 million in liquidated leveraged positions prior to now hour alone.
- Upwards of 90% of the liquidations prior to now hour have been longs, accounting for greater than $157 million. Binance and OKX account for almost all of the quantity.
- In actual fact, 97% of the liquidations on Binance have been leveraged lengthy positions.
- On the time of this writing, BTC is buying and selling at round $27,500, however the volatility is at extremes.
- The remainder of the market additionally took a beating, with ETH all the way down to $1800.
Binance Free $100 (Unique): Use this hyperlink to register and obtain $100 free and 10% off charges on Binance Futures first month (phrases).
PrimeXBT Particular Provide: Use this hyperlink to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.
from Cryptocurrency – My Blog https://ift.tt/MQI9ONW
via IFTTT
No comments:
Post a Comment