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Solana, Cardano, Ripple Follow Bitcoin's Drop: Experts Explain Why Crypto Is Down Today
Wednesday, February 21, 2024 - 3:56pm | 645The cryptocurrency market is experiencing a correction on Wednesday, coinciding with the release of the Federal Open Market Committee (FOMC) meeting minutes. What Happened: Recent data from CoinMarketCap shows a 1.28% decrease in the total crypto market capitalization over the...
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Bitcoin Slips To $51K, Liquidations Peak: This Indicator Signals 10% Correction, Analyst Warns
Wednesday, February 21, 2024 - 11:20am | 586Bitcoin (CRYPTO: BTC) is down 2% in the past 24 hours, trading around $51,100 and triggering crypto liquidations on the long side. What Happened: Technical analyst Ali Martinez cited indicators triggering a sell signal for Bitcoin, tweeting: The TD Sequential indicator shows a...
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Bitcoin Rebounds To $43,000: 'Bullish Momentum Could Trigger $1 Billion In Short Position Liquidations'
Monday, January 29, 2024 - 5:54pm | 524Bitcoin (CRYPTO: BTC) rebounded from its lows to over $43,000 and analysts anticipate a potential short squeeze triggering liquidations. What Happened: Arkham Intelligence data indicates that Grayscale outflows have significantly decreased, with Grayscale sending 6,900 BTC, worth $...
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Over $152M Crypto Shorts Liquidated As Bitcoin, Ethereum Spike
Monday, March 13, 2023 - 1:40am | 418The total cryptocurrency market cap climbed back above $1 trillion in the last 24 hours. This comes in light of the news that depositors of now-closed Silicon Valley Bank (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY) will be able to get their funds out, spurring Bitcoin (CRYPTO: BTC) and...
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Bitcoin, Ethereum Lead $364M Crypto Liquidations Amid Market Crash
Wednesday, September 7, 2022 - 2:33am | 553More than 103,000 traders were liquidated for $364 million over the last 24 hours. What Happened: Data from CoinGlass shows that the majority of crypto long traders were liquidated on Tuesday. Bitcoin (CRYPTO: BTC) saw the most liquidations worth $124 million, followed by ...
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Ethereum (ETH) Sees $128M Liquidations In A Day: 'Trader Disbelief Strong During Volatile Week'
Tuesday, August 30, 2022 - 9:09pm | 477Ethereum (CRYPTO: ETH) traders saw $128 million worth of liquidations over the last 24 hours. What Happened: Liquidation data from CoinGlass shows that both long and short ETH traders saw an equal amount of pain on Tuesday. Around $62 million ETH longs were liquidated...
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Ethereum Shorts Lead $391M Crypto Liquidations As Price Rallies 15%
Thursday, July 28, 2022 - 2:29am | 336Crypto liquidations topped $392 million over the last 24 hours as the wider market rose 9.5% above $1.06 trillion. What Happened: According to data from CoinGlass, Ethereum (CRYPTO: ETH) saw the largest liquidations on Wednesday. ETH recorded $172 million in liquidations, of...
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$48M Longs Liquidated In An Hour As Bitcoin Loses $20K Support
Tuesday, July 12, 2022 - 3:49am | 380Crypto traders in long positions saw large-scale liquidations over a one-hour period on Monday after Bitcoin (CRYPTO: BTC) lost support at $20,000. What Happened: According to data from Benzinga Pro, Bitcoin experienced a sharp selloff on Monday evening, falling from an intra-day high of $20,648 to...
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$71M Crypto Shorts Liquidated In 1 Hour On Monday As Bitcoin Surges
Tuesday, May 31, 2022 - 5:42am | 308On-chain data shows that crypto traders with open short positions saw $71 million worth of liquidations in a single hour on Monday (ET hours.) What Happened: According to data from CoinGlass, $71.13 million shorts were liquidated over a one-hour period as Bitcoin (CRYPTO: BTC) surged to $31,...
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$330M Longs Liquidated As Bitcoin Falls To $44,700
Friday, April 1, 2022 - 5:50am | 356Traders saw more than $387 million in liquidations as the cryptocurrency market declined 5% over the last day. What Happened: According to data from CoinGlass, more than 115,000 traders were liquidated in the past 24 hours at the time of writing. The single largest liquidation took place on a...
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$205M Liquidated As Bitcoin Volatility Spikes: Are Longs Or Shorts Worse Off Today?
Wednesday, March 16, 2022 - 7:08am | 384The cryptocurrency market saw $205 million worth of liquidations in 24 hours as Bitcoin (CRYPTO: BTC) surged above $41,000 on Wednesday. What Happened: According to data from CoinGlass, more than 40,000 traders were liquidated with the single largest liquidation occurring on OKX. The trader...
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$223M In Crypto Liquidated As Bitcoin Falls To $39,000
Thursday, March 10, 2022 - 5:14am | 284More than $223 million worth of cryptocurrency liquidations occurred on Thursday after Bitcoin (CRYPTO: BTC) lost support at $40,000. What Happened: According to data from CoinGlass, more than 62,000 traders were liquidated as Bitcoin dropped 7.5% to a low of $39,145. The single largest liquidation...