Crypto market in flux: ETH, PEPE contribute to $50 million liquidation; short positions suffer

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The crypto market was awash with fear and uncertainty as liquidations reached over $50 million, leaving investors reeling and short positions crushed under losses.

Coinglass’ data further revealed that the liquidations primarily targeted short positions in the market. The data indicated that a substantial portion of investors holding short positions faced liquidation. Also, over 70% of liquidations were witnessed across various major exchanges.

In certain instances, the liquidation rate reached a staggering 100%, leaving no room for short investors to escape unscathed.liquidation data demonstrated that shorts accounted for over $16 million. Whereas, long positions experienced liquidations totaling over $12 million. Considering Bitcoin’s significant share of the total cryptocurrency market capitalization, these liquidations bear significant implications for affected investors.According to an evaluation of the crypto market’s capitalization on

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 22. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Pepe [PEPE]: As market cap reaches $1 billion, where will the memecoin head nextFollowing its listing on Binance's Innovation Zone, PEPE's market capitalization crossed $1 billion. It has seen increased trading in the past 24 hours as many ape in on the altcoin to see profit.
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »