Apr 07 2021

Crypto market’s slump liquidates $1.4 billion off the trading board

published by Liam Frost
in blog CryptoSlate
original entryCrypto market’s slump liquidates $1.4 billion off the trading board

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Around $1.4 billion worth of trading positions got liquidated today as the crypto market dove into the red zone, according to crypto metrics platform ByBt. Earlier today, the price of Bitcoin dipped from $58,660 in the morning to as low as $55,990, dragging most cryptocurrencies alongside. “$946.71M worth of longs liquidated in the past four hours,” ByBt tweeted earlier....