Following the newest decline, Bitcoin bulls have in spite of everything resurfaced, pushing the associated fee all of the manner as much as the $29K mark.
This has introduced positivity to all the marketplace, however has additionally brought about a stir when it comes to liquidated leveraged positions.
- The previous 24 hours noticed round $100 million value of leveraged positions being liquidated, in accordance to knowledge from Coinglass.
- Naturally, the vast majority of this (82%) got here from quick positions.
- This took place because the BTC worth exploded towards $29K, adopted by means of the vast majority of the marketplace.
- Lots of the liquidations got here from BTC positions ($41M), adopted by means of ETH ($21.5M).
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