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3232Over 50,000 Traders Liquidated as Bitcoin Price Surges Past $66,000 Amid Bullish Run-Up
https://www.digit.info/over-50000-traders-liquidated-as-bitcoin-price-surges-past-66000-amid-bullish-run-up/
Wed, 15 May 2024 20:34:32 +0000https://www.digit.info/2024/05/15/over-50000-traders-liquidated-as-bitcoin-price-surges-past-66000-amid-bullish-run-up/Read more]]>On Wednesday, the price of bitcoin demonstrated strong growth, escalating by more than $4,200 from its daily low. This 7.1% increase against the U.S. dollar propelled bitcoin past the $66,000 threshold, reaching a peak of $66,461 per coin on Bitstamp. Consequently, the entire cryptocurrency market rose by 6.2%, resulting in the liquidation of 51,567 traders […]
]]>Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
https://www.digit.info/bitcoins-price-drop-causes-over-200-million-in-long-liquidations-across-crypto-derivative-exchanges/
Fri, 03 Mar 2023 17:30:23 +0000https://www.digit.info/2023/03/03/bitcoins-price-drop-causes-over-200-million-in-long-liquidations-across-crypto-derivative-exchanges/Read more]]>On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on […]