Coinglass
CompanySecurity timeline
- In the news by The DefiantBinance liquidations near $800 million as bitcoin falls
- In the news by DecryptCrypto liquidations reach $1.23 billion as total market value falls 5.75%
- In the news by CryptoPotatoBitcoin falls below $69,000 as over $1.4 billion in liquidations hit crypto markets
Recent news
Binance liquidations near $800 million as bitcoin falls
CoinGlass recorded $2.05 billion in liquidations across tracked exchanges as bitcoin fell, with the large majority being long positions betting on rising prices. Binance accounted for close to $800 million of the total.
Crypto liquidations reach $1.23 billion as total market value falls 5.75%
The total crypto market value fell 5.75% to $2.33 trillion over 24 hours, triggering $1.23 billion in liquidations, 82.7% of them long positions, according to Coinglass. Bitcoin slipped below $68,000, trading at $67,623 and testing its 200-week simple moving average near $67,922. Ethereum fell 3.37% to $1,903.78.
Bitcoin falls below $69,000 as over $1.4 billion in liquidations hit crypto markets
Bitcoin fell about 5% below $69,000, a multi-month low, after a run of selling that began after it peaked near $81,000 following the US midterm elections. Experts attributed the drop to a concentrated liquidation and weakening demand, with ETH down about 6% to $1,925 and XRP near $1.00. CoinGlass data shows over $1.4 billion in liquidations in 24 hours, with $1.26 billion from long positions, and more than 170,000 traders wiped out.