0

Over $320M in Liquidations in Last 24 Hours as Bitcoin Loses $20k Support

Fast pickup

  • Due to the fall of SIlvergate Capital and possible further infection in the banking and financial sector.
  • As a result, Bitcoin fell below $20,000 and saw over $320 million in crypto liquidations, while Bitcoin saw $120 million in liquidations.
  • The long liquidation dominance of the futures indicates that the market was extremely long, indicating the number of investors who were caught in the crosshairs.
Liquidations: (Source: Coinglass)
Liquidations: (Source: Coinglass)
Long Liquidation Futures Dominance: (Source: Glassnode)
Long Liquidation Futures Dominance: (Source: Glassnode)

The message Over $320M in Liquidations in Last 24 Hours as Bitcoin Loses $20k Support first appeared on CryptoSlate.

#320M #Liquidations #Hours #Bitcoin #Loses #20k #Support