Summary:
The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly ,000 before sinking again to ,500 within one hour. Amid the chaos, crypto traders have experienced 8 million in liquidation over the past 24 hours, including 1 million of liquidations in the past 4 hours alone. According to Coinglass, about million of liquidations in the last hour impacted a consortium of little-known altcoins, while million was liquidated on BTC trades directly. Meanwhile, ETH traders suffered million of liquidations, and DOGE traders lost million. In the past 24 hours, a massive 168,988 traders were liquidated. The largest single liquidation occurred on OKX on a BTC-USDT trade for .45 million. The price of BTC is ,400 at writing
Topics:
Andrew Throuvalas considers the following as important: AA News, Bitcoin (BTC) Price
This could be interesting, too:
The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly ,000 before sinking again to ,500 within one hour. Amid the chaos, crypto traders have experienced 8 million in liquidation over the past 24 hours, including 1 million of liquidations in the past 4 hours alone. According to Coinglass, about million of liquidations in the last hour impacted a consortium of little-known altcoins, while million was liquidated on BTC trades directly. Meanwhile, ETH traders suffered million of liquidations, and DOGE traders lost million. In the past 24 hours, a massive 168,988 traders were liquidated. The largest single liquidation occurred on OKX on a BTC-USDT trade for .45 million. The price of BTC is ,400 at writing
Topics:
Andrew Throuvalas considers the following as important: AA News, Bitcoin (BTC) Price
This could be interesting, too:
Chayanika Deka writes Ethena Labs Launches USDtb, Backed by BlackRock’s BUIDL Fund
Wayne Jones writes Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations
Wayne Jones writes USDT Transfer Volume on TRON Reaches All-Time High of 7.2B
Chayanika Deka writes Lido Announces Phase-Out of Polygon Liquid Staking Protocol After Community Vote
The price of Bitcoin (BTC) experienced massive volatility on Wednesday, soaring to nearly $64,000 before sinking again to $60,500 within one hour.
Amid the chaos, crypto traders have experienced $638 million in liquidation over the past 24 hours, including $391 million of liquidations in the past 4 hours alone.
- According to Coinglass, about $55 million of liquidations in the last hour impacted a consortium of little-known altcoins, while $96 million was liquidated on BTC trades directly.
- Meanwhile, ETH traders suffered $45 million of liquidations, and DOGE traders lost $29 million.
- In the past 24 hours, a massive 168,988 traders were liquidated. The largest single liquidation occurred on OKX on a BTC-USDT trade for $9.45 million.
- The price of BTC is $61,400 at writing time, up 21% within the past five days alone.
- Many credit the asset’s recent surge to the launch of several bitcoin ETFs last month.
- BlackRock’s Bitcoin ETF – the largest of all newcomers – now holds over $8 billion in BTC, and absorbed a record $520 million of flows on Tuesday.
