In the past 24 hours, $676 million worth of cryptocurrency has been liquidated as Bitcoin surpassed $100,000. A total of 208,238 traders were liquidated, with long positions accounting for $372.79 million and short positions accounting for $303.42 million. The largest liquidation was Bitcoin, with $182.52 million, mostly from short traders. Ethereum and XRP followed with $92.16 million and $55.90 million, respectively. The exchanges with the largest liquidations were OKX, Binance, and Bybit. Despite the liquidations, the market volume of Bitcoin has increased by 88.19% to $128.20 billion. Ethereum has also seen an increase in market volume, while XRP has experienced a decrease. Experts project more price rallies in the future, with a $1 million target for Bitcoin.



Other News from Today