Volatile movements in Bitcoin (BTC) shook the liquidation data, the noteworthy name of the list was Bitcoin Cash (BCH).
BTC, which could not clearly throw above $ 31,000, continues to shake many data with its sudden up and down movements. Considering the 24 hours, a total of $92.67 million worth of transactions were liquidated. Of these transactions, $65.30 million is long and $27.37 million is short-sided.
The most liquidations were observed in long positions of BTC (worth $32.39 million). The most notable name on the list was the $ 6.05 million liquidation in Bitcoin Cash (BCH). However, these transactions were shorted unlike other coins.
99.9 percent of data has arrived!
When we analyzed the liquidation data on the basis of exchanges, Bitfinex was the first to stand out. 99.9 percent of the liquidations that took place in the last 24 hours on Bitfinex are long-sided transactions. Only $636 of the $610,840 liquidations are shorted. The most liquidated exchange was OKX with a value of $ 34.69 million.
Another striking data came from Deribit exchange. In the last 24 hours of other crypto exchanges, almost completely long-sided transactions dominated, while 64.96 percent of the liquidations in Deribit were short-directed transactions in the opposite way.
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