Bitcoin Rises Above $68,000 as Crypto Liquidations Reach $1.31 Billion in One Hour

Binance market data shows that BTC rose above $68,000 to $68,418, up 5.47% over the past 24 hours. ETH rose above $2,000 to $2,081, up 8.4%.

CoinGlass data shows that approximately $1.31 billion in crypto positions were liquidated over the past hour, including $1.23 billion in short positions. Over the past 24 hours, total liquidations reached approximately $1.57 billion, with shorts accounting for $1.41 billion. A total of 114,038 traders were liquidated, with the largest single liquidation worth $32.18 million on Bitget’s ETHUSDT perpetual contract.

Bitcoin Rises Above $68,000 as Crypto Liquidations Reach $1.31 Billion in One Hour

Binance market data shows that BTC rose above $68,000 to $68,418, up 5.47% over the past 24 hours. ETH rose above $2,000 to $2,081, up 8.4%.

CoinGlass data shows that approximately $1.31 billion in crypto positions were liquidated over the past hour, including $1.23 billion in short positions. Over the past 24 hours, total liquidations reached approximately $1.57 billion, with shorts accounting for $1.41 billion. A total of 114,038 traders were liquidated, with the largest single liquidation worth $32.18 million on Bitget’s ETHUSDT perpetual contract.

Source:https://twitter.com/wublockchain/status/2090105664626683918