A naukri.com initiative
Bitcoinist
2w
428
Image Credit: Bitcoinist
$170 Million In Crypto Shorts Flushed As Bitcoin Returns Above $71,000
- The cryptocurrency derivatives market has experienced $223 million in liquidations in the last 24 hours.
- Over $165 million of the liquidations involved short positions.
- Bitcoin and Ethereum contributed the most to the liquidation events, with $85 million and $38 million respectively.
- The market may see more liquidation events as the open interest to market cap ratio remains high.
Read Full Article
25 Likes
For uninterrupted reading, download the app