With SpaceX selling $373 million worth of Bitcoin (BTC), $1.04 billion worth of transactions were liquidated in the last 24 hours.
SpaceX, founded by Elon Musk, reportedly sold $373 million worth of BTC in their portfolio in 2021-2022. With this situation, cryptocurrencies, which collapsed directly, disappointed their investors. With the effect of the news, BTC, which pinned from $ 28,770 to $ 24,570 on the futures side, almost ignited the liquidation data.
Over 175,000 crypto investors liquidated!
In the last 24 hours, a total of $1.04 million has been liquidated. Of these liquidations, 835.74 million dollars were long positions and 202.42 million dollars were short positions. On the BTC side, $ 498.43 million liquidation was observed, while ETH made up $ 308.71 million of this share.
The most liquidity provided in a single transaction was recorded as $ 55.92 million in the ETH / BUSD trading pair on Binance. If we look at the liquidations on all cryptocurrency exchanges, 80.34 percent of the transactions were long positions. The most liquidated exchange was OKX with $332.34 million. Deribit followed OKX with $272.53 million. Binance is in third place with $217.77.
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