‼️ 3 BILLION LIQ IN 24H
Today, #Bitcoin rose to the $70,450 level in the futures market. It is currently trading around 70K.
Looking at the data, $3.02 billion was liquidated across the total market in the last 24 hours.
Of this amount, $2.77 billion came from #short positions,while a small portion 254 million came from #long positions.
Such a move was expected in a market that has been trading sideways for quite some time. Do you think the sharp price swings will continue today?
Today, #Bitcoin rose to the $70,450 level in the futures market. It is currently trading around 70K.
Looking at the data, $3.02 billion was liquidated across the total market in the last 24 hours.
Of this amount, $2.77 billion came from #short positions,while a small portion 254 million came from #long positions.
Such a move was expected in a market that has been trading sideways for quite some time. Do you think the sharp price swings will continue today?