CandleFocus Over $160 Million in Liquidations as Bitcoin (BTC) Got Rejected at $65K
2024-09-23
Author: Content Editor
BTC (Bitcoin) experienced a surge in price over the past few days, reaching a high of over $64,000. However, it was unable to sustain this momentum and dropped back to around $63,000. The market saw increased volatility, leading to the liquidation of over 60,000 traders on a daily basis. Altcoins like ETH (Ethereum) and BNB (Binance Coin) also saw gains during this period, with ETH surpassing $2,650 and BNB approaching $600. The total value of liquidated positions amounted to $165 million, with the largest liquidation involving ETH worth $2.73 million on Binance.
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