Over $210M of liquidations in the past 24 hours takes Bitcoin above $24.5K – Crypto News – Crypto News
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As Bitcoin surged to $21k, investors lock-in the most amount of profit since April 2022 on a 7-day basis As Bitcoin surged to $21k, investors lock-in the most amount of profit since April 2022 on a 7-day basis

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Over $210M of liquidations in the past 24 hours takes Bitcoin above $24.5K – Crypto News

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Quick Take

  • The past 24 hours saw $211 million in total liquidations.
  • This resulted in $187 million of short liquidations — equating to roughly 87% of all liquidations.
  • This was the highest amount of short liquidations since Jan. 25.
  • Bitcoin specifically saw $88 million of liquidations in the past 24 hours.
  • As a result of the liquidations, Bitcoin soared to $24,700 — an 11% increase in the past 24 hours.
Total Liquidations: (source: Coinglass)

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