Along with Bitcoin (BTC), which pinned $ 30,800, $ 217.28 million transactions were liquidated in the last 24 hours.
Exploding with back-to-back ETF applications from various companies, BTC tested $30,800 within hours. Breaking the $30,000 mark on the third attempt, which was described as hard to beat, directly affected the liquidation data. $217.28 million worth of transactions were liquidated in the last 24 hours. 157.92 million dollars of these liquidation transactions are “short” positions, and 59.35 million dollars are “long” positions.
99.66 percent ‘Short’ Position Liquidation!
Another prominent detail in the liquidation data came from the stock markets. The transaction value liquidated in the last 24 hours on Binance is $67.98 million. 74.71 percent ($50.79 million) of liquidations in Binance, which has a share of 31.29 percent compared to all exchanges, consists of “short” transactions.
Bitmex, where all the liquidations in the last 24 hours are almost “short” transactions, came to the fore with this striking detail. Although Bitmex has a lower liquidation value compared to other exchanges, the fact that 99.66 percent of the liquidation transactions are “short” has created discussion topics on behalf of the exchange. While nearly 100 percent of the users on the platform had a rise expectation, the opposite movement of the market in the last 24 hours has signed a historical data.
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