Bitcoin (BTC) deeply affected many crypto data, reaching $30,000 again after June 2022.
Progressing on an upward trend despite the blows in recent weeks BTC testing $30,425 rattled the liquidation data. While high liquidation values were seen in many altcoins, the fact that the main price movement came from BTC had a great repercussion. In addition, the liquidation The fact that there were “short” transactions at a rate of 77 percent was a data showing the increasing severity of the crypto market.
As of the writing of the news, the price of 30,000 dollars BTC is like a bomb with the pin pulled out.Persistence in these values, can instantly move price to near-term extremes . able to start If the selling wave is, it can bring the price to $28,000 in a short time.these situations liquidation rates will shake again.
Bitcoin (BTC) Liquidation Value Over $100 Million!
Considering the last 24 hour time frame, liquidation of approximately 3,056 BTC ($107.15 million) transactions it turns out to be. The largest liquidation after BTC, another leader of cryptocurrencies, in ETH seen. Approximately Liquidation of 15,090 ETH ($28.99 million)The fact that altcoins are in danger has brought with it a great danger.
While many crypto data were deeply affected after the market’s rise, More volatility observed in crypto traders with “short” side trading . After these data, eyes were turned to BTC.
