provided by Coinglass, a whopping $207 million of crypto has been liquidated over the past 24 hours. Long positions account for the vast majority of the wipeout . Notably, $135.84 million worth of crypto has been liquidated over the past four hours alone.
The OKX comes in first place by the total amount of liquidations . Binance and Huobi come in second and third places with $43.84 million and $27.19 million, respectively. Almost 80,000 traders have been liquidated over the past 24 hours, with the largest single liquidation surpassing $3 million on the OKX exchange. Earlier this Friday, Bitcoin dropped to an intraday low of $65,018, according to CoinGecko data. It is currently trading at $65,448 after paring some gains.
Due to the double-whammy of Bitcoin exchange-traded fund outflows and the macroeconomic uncertainty, the largest cryptocurrency kept underperforming and eventually plunged below the pivotal $66,000 support level. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.
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