Bitcoins worth hundreds of millions of Dollars (BTCEthereumETHBTC, and other crypto-assets have all been liquidated in the last 24 hour as BTC falls back to its old high.
Coinglass releases new data on market intelligence reveals During the last 24 hours, Bitcoin worth $260,000,000 was liquidated.
Coinglass found that smart contracts worth $12 million were liquidated in the same timeframe, making the liquidated amount digital assets $727 millions.
Other digital assets with at least $10,000,000 worth of sales include ETH competitor Solana.SOLDogecoin, a meme currency popularly used by Dogecoin users (DOGEPepePEPEBinance CoinBNBWorldcoin is the native currency of Coinbase, the world’s biggest crypto exchange.WLDOpenAI Chief Executive Sam Altman launched the project, which focuses on privacy and eye scanning.
Coinglass’ data also reveals that most of the liquidations came from four prominent crypto exchange platforms – Binance, OKX, Bybit, and Huobi. Binance, OKX and Huobi each saw $260 millions worth of options contracts liquidated. Bybit saw $84 and Huobi $56 respectively.
Bitcoin was trading at $68,407 when this article was written, down 5% from the previous day. It is also down 7% compared to its all-time highest price of $73,580 that it reached earlier in the week.
In November 2021, the previous record high for this flagship digital asset was $69,000.
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Source: dailyhodl.com