The cryptography market continues to combat downward pressure, with more than $ 230 million in liquidations recorded in a single day.
By Co -quince dataTotal liquidations have increased by 157% in the last 24 hours. During this period, more than 95,478 traders had been liquidated.
At the time of the editorial staff, the total liquidations amounted to $ 232 million. The data has shown that the largest liquidation order has come to Binance for an ETH / USDT position worth $ 5.59 million.
ETH, XRP and Liquidations Sol
THE cryptography marketTotal capitalization is 2.8 billions of dollars, with the domination of Bitcoin at 58.9%.
However, the last wave of liquidations hardly struck merchants, in particular those who convinced that the price was on the upward repair.
With large -part leverages, most of the Rekt positions were bullish bets. Coinglass data shows more than $ 73 million and nearly $ 44 million concerns Bitcoin and Ethereum.
XRP and Solana also witnessed enormous liquidation.
Crypto prices prices
As indicated, Bitcoin (BTC) experienced more than $ 73 million in liquidations. This followed another short massive position for BTC, with a whale taking a 40x lever effect. The liquidation of the whale is more than $ 86,000. The BTC price currently oscillates approximately $ 83,316. What happens to the whale?
Crypto Trader and analyst ASH Crypto notes that the announcement of the founder of the Michael Saylor strategy buying more BTC could see the whale record of $ 380 million.
“If Saylor announces that he is soon buying $ 2 billion Bitcoin dollars or even lets him hear, $ 380 million short 40x whales will be liquidated in a single candle”, the analyst Posted on X.
Another shared analyst:
🚨 Breaking: the whale that opened a short-project at $ 320 million $ BTC At $ 84,040, yesterday, he set profits:
1st TP: $ 69,414
2nd TP: $ 58,664I hope that he and all those who copied his job have liquidated, triggering a liquidation cascade to pump the market pic.twitter.com/tiq31t9x
– 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) March 16, 2025
Currently, Bybit, Binance and OKX lead the total brand of liquidations.
While the bulls plot to fall the bears, increasing liquidations highlight the risks of leverage. In a volatile market, millions or even billions could be destroyed in a few hours.
👑 #MR_HEKA 👑
