Traders liquidate almost $700m amid Bitcoin’s precipitous decline

CAT January 4, 2024 1 min read

Anna Kharton

Against the falling Bitcoin (BTC) exchange rate, the daily liquidation volume on the crypto market approached $700 million. Traders liquidated $698 million worth of positions in the last 24 hours, according to Coinglass data. The majority came from BTC, $11.1…

Go here to Read this Fast! Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Originally appeared here:
Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

This new exchange is poised overtake Solana’s price of $240

Analysts predict this new presale token could skyrocket like Ripple & Dogecoin did

VanEck officially supports Bitcoin’s strategic reserve

You may have missed

The best cheap phones in 2024: Expert tested and reviewed

The space station just had to pull an avoidance maneuver

Best early Black Friday deals under $100: Amazon Echo, TVs, headphones and more

Google may finally bring back the Pixelbook, but not how you think