Tag: 114M

Home » 114M
Bitcoin’s surge to $28K results in $114M in liquidations in 24 hours
Post

Bitcoin’s surge to $28K results in $114M in liquidations in 24 hours

The crypto market witnessed a tumultuous 24 hours between Oct. 1 and a couple of, seeing an enormous liquidation spike. Round 85% of those liquidations had been brief positions, translating to $97.73 million in shorts liquidated in only a day. This speedy motion affected 29,510 merchants, bringing the full liquidation worth to $114.92 million. Essentially...