The cryptocurrency market is consolidating in a low-volatility environment with neutral sentiment.
According to data provided by Coinglass, total crypto liquidations currently sit at $42.4 million — in the past 24 hours. This indicates that there haven’t been any significant movements in the cryptocurrency market.
What you need to Know:
- The value of long-term positions is approximately $23.8 Million
- Solvency of short positions: $18.5 million.
- EthereumETH) leads with $9 million in liquidations — $3.5 million longs, $5.5 million shorts.
- Notcoin’s (NOTLiquidations were third in the list of assets after small cap cryptos, with a total value of $3.9 million
- BitcoinBTC), secured the fourth spot reaching $3.25 million — with $2.44 million worth of long positions liquidated in 24 hours.
- Binance is the biggest crypto exchange in terms of trading volume, and almost half the liquidations ($20 million) come from Binance.
- OKX, an exchange based in Seychelles, has surpassed the first spot by liquidating $13 million.
- OKX represents over 30% of global liquidations.
- The total cryptocurrency open interest has increased by 0.2% to $66.3 billion.
Global crypto market capitalization hovers around $2.54 trillion according to to CoinGecko.
BTC & ETH both have been consolidating their prices around the $66,000 & $3,500 mark over the past 24-hours. As the market is neutral, both of the top cryptocurrencies are experiencing small fluctuations.
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Source: crypto.news