Market updates
Crypto liquidations hit $1B over 24 hours as Bitcoin plummets
Boshlovchi
2025-01-20 | 5m
More than 400,000 traders were liquidated over the past 24 hours as Bitcoin plunged back below $100,000. Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass
shows that in the past day, $1.18 billion has been liquidated from nearly 406,000 traders, split between around $921 million in long liquidations and $260 million in short liquidations.
Ether liquidations led the market, with over $207.5 million worth of long liquidations over the last day, followed by over $202 million Bitcoin longs.
Total crypto liquidations over the past 24 hours. Source:
CoinGlass
Bitcoin lost more than 6% in a fall from its intraday high of $106,300 to around $99,700 on Jan. 19. The move mirrored a market rout on Jan. 7 that resulted in Bitcoin dropping by a similar amount in a matter of hours in a pullback that lasted a week and ended up with Bitcoin bottoming at just over $90,000 by Jan. 13. Altcoins were a sea of red with ETH falling more than 5% to an intraday low of $3,150. Ether does, however, remain within its month-long range-bound channel, having failed to mirror Bitcoin’s move over the past week.
The hype over Donald Trump’s
memecoin, launched over the weekend, appears to have burst, with token dumping more than 40% in a matter of hours on Jan. 20, after surging to over $70 billion in fully diluted valuation the previous day. Its fall came after the incoming US president’s wife, Melania Trump, launched her own namesake token, which hit a peak validation of over $13 billion just hours after launch on Jan. 19.
Source:
CoinTelegraph
Futures Market Updates
Bitcoin declining caused long positions to be liquidated.
Bitcoin Futures Updates
Total BTC Open Interest: $67.41B (-0.94%)
BTC Volume (24H): $138.96B (+92.17%)
BTC Liquidations (24H): $149.36M (Long)/$54.90M (Short)
Long/Short Ratio: 49.69%/50.31%
Funding Rate: 0.0130%
Ether Futures Updates
Total ETH Open Interest: $31.67B (+0.89%)
ETH Volume (24H): $102.67B (+106.18%)
ETH Liquidations (24H): $149.66M (Long)/$51.34M (Short)
Long/Short Ratio: 48.85%/51.15%
Funding Rate: 0.0104%
Top 3 OI Surges
ELON: $955.29K (+414.85%)
TRUMPOFFICIAL: $466.88K (+259.13%)
XION: $17.19M (+124.13%)
Bo'lishish
PI-ni qanday sotish kerakBitget PI ro'yxatini kiritiadi – Bitgetda PI-ni tezda sotib oling yoki soting!
Hoziroq savdo qilingBiz barcha sevimli tangalaringizni taklif qilamiz!
BTC, ETH, SOL, DOGE, SHIB, PEPE kabi mashhur kriptovalyutalarni sotib oling, saqlang va soting, ro'yxat davom etadi. Ro'yxatdan o'ting va 6200 USDT yangi foydalanuvchi sovg'a to'plamini olish uchun savdo qiling!
Hoziroq savdo qiling