Such a large liquidation volume appeared after Ethereum bounced off the support line at $1,715 and gained around 4% to its value. The squeeze has most likely appeared because of traders' and investors' belief that the second biggest cryptocurrency on the market will drop below $1,700 and rush to the next support at around $1,500.
As for the whole market, total liquidations are sitting at approximately $809 million, which is considered far below average for the relatively low volatility we are seeing on the market today.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: