380 Million Dollars Liquidated in the Last 24 Hours! - Coinleaks
Current Date:November 7, 2024

380 Million Dollars Liquidated in the Last 24 Hours!

In the cryptocurrency market, end 24per hour 380 milliondollar liquidation.

The crypto industry started the day on a red chart. Bitcoin ( BTC) in morning times $26,400instantaneous level 2 percent experienced a decline. With this decline BTC, $25,750 decreased to its level. Although the decline in BTC showed a small appearance, the decline of altcoins was larger. Altcoins 20 percentIt had a decline of more than .

coinglassAccording to the data from 380 million dollarsliquidation has taken place.

Liquidations Happened in Long Direction Transactions

Cryptocurrencyin the market as ‘Apocalypse’There is a day known as Cryptocurrencymarket 20 percentIt faced a near decline.

Especially SECAnd crypto- exchanges The conflict between the two continues to negatively affect the entire crypto ecosystem. Stock markets do not step back and SEC’s pressure is increasing day by day, altcoin influenced them. The SEC had defined many altcoins as securities. Binance USdelisted some altcoins defined as securities.

In this way, the fact that an investment company started selling after last week caused the market to fall further. scimitar capitalannounced that it will sell its crypto assets.

coinglass According to the data provided by , a liquidation of $ 380 million took place in the middle of all these processes. This liquidation Long transactions account for $338 million . Most liquidation $149 millionwith Binance on the stock market happened. Right after on OKX $141 millionliquidation took place.

Liquidations mainly took place today.

bitcoinin the last 24 hours $50 million liquidated . The vast majority of this amount comes from long transactions. If the other liquidation altcoinIt happened in .