Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop

Share This Post

Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price DropOn April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near […]

Read Entire Article
spot_img

Related Posts

Grayscale GBTC registers rare inflow amid $303 million Bitcoin ETF surge

Quick Take According to Farside data, the Bitcoin (BTC) exchange-traded funds (ETFs) saw the largest inflow since May 3, witnessing a $303 million inflow on May 15; all ETFs experienced positive

Buckle Up, XRP Fans: Analyst Eyes Price Explosion To $0.65 In Next 5 Days

The price of XRP, the native token of Ripple, has been a topic of much debate lately While some analysts predict a significant price jump this weekend, others remain cautious due to the coin’s

RockTree Capital Unveils Cyberpunk Crypto Future In New Website

PRESS RELEASE Beijing, China – May 16th, 2024 RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a

Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?

In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity

Early Bitcoin Proponent Erik Voorhees: Crypto Will Be the Currency of AI

Erik Voorhees, an early bitcoin proponent and entrepreneur, believes that crypto will be the currency of artificial intelligence (AI) agents At Unchained, Laura Shin’s crypto podcast, Voorhees

Bitcoin ETF Reporting Deadline Ends With A Bang: Major Institutions Buy Big

The curtain fell on the first-quarter 13F filings with the US Securities and Exchange Commission (SEC) on Wednesday, and the reports revealed a seismic shift in institutional investment patterns
- Advertisement -spot_img