CandleFocus BTC, ETH and SOL Fuel $184 Million Crypto Liquidation
2024-10-15
Author: Content Editor
The crypto market is currently experiencing a bullish trend, driven by Bitcoin, Ethereum, and Solana. However, some traders are facing asset liquidations, with a total of $184.88 million liquidated from over 64,100 traders. Bitcoin saw liquidations of $48.62 million, with short traders losing the most at $41.9 million. Ethereum also had a similar trend, with $30.22 million in liquidations mostly from short traders. Solana experienced a negative trend for its short traders, with $6.48 million in liquidations. The market's trend, which includes Bitcoin's recent price surge and predictions of a $50 trillion market capitalization, may lead to further liquidations in the future.
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