There's a silver lining in Bitcoin plunge to $17,000, and bulls are not the only victims of this drop
The liquidation volume on the market surprisingly showed that bears were also victims yesterday, as at least 26% of all liquidated positions were short. Whenever such a strong plunge happens on the market, the usual liquidations composition is at around 90% in favor of bulls.
The unusual state of the market and its enormous volatility were something neither bulls nor bears were able to cover. With the liquidation volume hitting $850 million, we saw one of the largest outflows of funds from the industry in the last year.Open interest on derivatives platforms remained relatively neutral, showing that there was no sell-out happening on the market.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1BBitcoin recovers after dropping to lower lows than June 2022 with FTX still steering BTC price action.
Weiterlesen »
Silk Road hacker was Bitcoin OG who once tried to bet with 'Bitcoin Jesus' Roger VerAt least one wallet associated with the Silk Road hacker was signed by a Bitcoin OG known as “Loaded.”
Weiterlesen »
Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin NewsBitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has
Weiterlesen »
Volkswagen et Audi : rappel de 230 000 véhicules | Actualités automobile | Auto123Volkswagen et Audi procèdent à un rappel important, car il touche quelque 230 000 véhicules. Auto123 a les détails.
Weiterlesen »
Volkswagen et Audi : rappel de 230 000 véhicules | Actualités automobile | Auto123Volkswagen et Audi procèdent à un rappel important, car il touche quelque 230 000 véhicules. Auto123 a les détails.
Weiterlesen »
Del Mar Fairgrounds' new $17 million concert venue, The Sound, sets Feb. 3 opening with Ziggy MarleyThe 1,900-capacity venue will be run by Belly Up Entertainment, the booking and marketing division of the Belly Up concert venue
Weiterlesen »