Long positions account for the lion's share of liquidated positions .Ethereum Lost All 'ETF Gains,' Shiba Inu on Its Way to Add Zero, Solana Reaches $135, Critical Support ActivatedDuring this ongoing crypto carnage, the largest liquidation took place on the Binance exchange, with a single trader losing as much as $18 million. has recorded the biggest amount of liquidations with $184 million worth of long positions and $41 million worth of short positions being wiped out.
When it comes to specific crypto trading platforms, Binance came in first place by the total amount of liquidated crypto with $343.41 million. OKX and Huobi are in second and third places with $171 million and $71 million, respectively., the most recent crypto crash was exacerbated by a massive transfer initiated by Mt. Gox, the now-defunct crypto exchange. The transfer is part of the Bitcoin distribution process that was announced last month.
The recent market plunge triggered one of the biggest liquidation sprees since the downfall of the FTX exchange back in December 2022. that the price of the leading cryptocurrency is unlikely to be back above the $60,000 level anytime soon. Furthermore, he has stated that the odds are good that the top of the current cycle is already in.
Ethereum Lost All 'ETF Gains,' Shiba Inu on Its Way to Add Zero, Solana Reaches $135, Critical Support ActivatedBitcoin Bloodbath: Key Reason Why BTC Is Getting Annihilated Ethereum Lost All 'ETF Gains,' Shiba Inu on Its Way to Add Zero, Solana Reaches $135, Critical Support Activated
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