Over $160 Million Shorts Liquidated as BTC Pushes $22K, ETH Above $1.4K

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


The cryptocurrency market continues recovering, and over the past few days, it has gained a total of $150 billion to its capitalization, which now stands above $1 trillion.

  • Bitcoin’s price is currently trading around $22,000, charting an increase of about 5% in the past seven days and 2.1% in the past 24 hours.
Source: TradingView
  • Ethereum, on the other hand, is the absolute leader in terms of price performance over the past days, up 22.6% on the week and 5.5% in the past day.
  • This has led to over $250 million in total liquidations, more than $160 million of which were of short positions – somewhat expectedly.
  • Data from Coinglass reveals that the largest single liquidation order took place on FTX, and it was an ETH perpetual contract with a face value of $2.83 million.
  • ETH is also in the lead in terms of overall liquidations over the past 4 hours, with 65K worth of it getting liquidated (a total of around $94 million).
  • In aggregation, 64% of the positions that were liquidated were short across the most prominent exchanges, with the biggest liquidation volume being on OKX.
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.



[ad_2]

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close