Crypto Crash: Liquidation Nears $150 Million; Bitcoin Drop 4%
Also Read: CZ Seeking To Dump Binance.US Stakes Amid CFTC Probe advertisement Crypto Crash Imminent? As per the data provided by Coinglass, the total Liquidation recorded in the last 24 hours stands at around $144.71 million. The single largest Liquidation order was registered to happen on OKX crypto exchange BTC-USDT-SWAP value of $2.61 million. The increased volatility of the market has caused both long and short futures traders. However, the majority of the position liquidated turned out to be long. $114 million of the total Liquidation (79.28%) turned out to be long positions. This reflects that traders were expecting a recovery here while the market just declined. Source: Coinglass Also Read: Can Coinbase Drag US SEC To Provide Clear Crypto Rules After This? Trending Stories Ethereum Price Analysis: These Key Support Levels Drive Long-Term Bullish Outlook for ETH Price 24/7 Cryptocurrency News Bitc...