Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP (XRP) and aptos (APT) took on $4 million in liquidations apiece.
Related posts
-
Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance
An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross... -
Nycrypto Labs raises $800k to launch Tidus, a crypto everything app
This app will be the first multi-chain, multi-layer, non-custodial wallet to offer in-app lending, borrowing, swapping,... -
Bitcoin Price Takes a Step Back: Analyzing The Recent Correction
Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains...