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MainNewsOver $200M H...

Over $200M Has Been Liquidated From the Crypto Market in 4 Hours


by CoinEdition
$200M Liquidated From Crypto in the Last 4 Hours
  • Over $200 million was liquidated from the crypto market in the past 4 hours.
  • The biggest amount of liquidation happened on Binance.
  • BTC and ETH dropped 5.65% and 6.61% in the past 24 hours, respectively.

The crypto market witnessed significant liquidations in the past 4 hours, amounting to $200 million, while in the past 24 hours, the amount went above $500 million. 

According to the data from Liquidation Heatmap from blockchain analysis platform CoinGlass, more than $9 million has been liquidated from the digital asset sector in the past hour. 

Additionally, Binance, the world’s largest crypto exchange by trading volume, saw the biggest amount of liquidations in the past 24 hours, standing at $213.85 million. In the same time period, $92.88 million was liquidated in Ethereum (ETH).

As per the data from CoinMarketCap, the leading digital assets, BTC and ETH, witnessed a sharp decline of 5.65% and 6.61% in the past 24 hours, respectively. The trading volumes of Bitcoin and Ethereum rose 105.50% and 82%, respectively. 

Notably, when Bitcoin achieved $69,000 for the first time after two years in March, the digital asset space saw $1 billion liquidated…

The post Over $200M Has Been Liquidated From the Crypto Market in 4 Hours appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsOver $200M H...

Over $200M Has Been Liquidated From the Crypto Market in 4 Hours


by CoinEdition
$200M Liquidated From Crypto in the Last 4 Hours
  • Over $200 million was liquidated from the crypto market in the past 4 hours.
  • The biggest amount of liquidation happened on Binance.
  • BTC and ETH dropped 5.65% and 6.61% in the past 24 hours, respectively.

The crypto market witnessed significant liquidations in the past 4 hours, amounting to $200 million, while in the past 24 hours, the amount went above $500 million. 

According to the data from Liquidation Heatmap from blockchain analysis platform CoinGlass, more than $9 million has been liquidated from the digital asset sector in the past hour. 

Additionally, Binance, the world’s largest crypto exchange by trading volume, saw the biggest amount of liquidations in the past 24 hours, standing at $213.85 million. In the same time period, $92.88 million was liquidated in Ethereum (ETH).

As per the data from CoinMarketCap, the leading digital assets, BTC and ETH, witnessed a sharp decline of 5.65% and 6.61% in the past 24 hours, respectively. The trading volumes of Bitcoin and Ethereum rose 105.50% and 82%, respectively. 

Notably, when Bitcoin achieved $69,000 for the first time after two years in March, the digital asset space saw $1 billion liquidated…

The post Over $200M Has Been Liquidated From the Crypto Market in 4 Hours appeared first on Coin Edition.

Read the article at CoinEdition

Read More

How To Price Bitcoin? BlackRock Exec Explains

How To Price Bitcoin? BlackRock Exec Explains

Bitcoin should be valued as “an uncorrelated asset that benefits when the world gets ...
Bitcoin Rally Lacks On-Chain Support – Analyst Warns Of Vanishing Network Activity

Bitcoin Rally Lacks On-Chain Support – Analyst Warns Of Vanishing Network Activity

Bitcoin has reclaimed the $90,000 mark, fueling renewed optimism across the crypto ma...