As Bitcoin breaks the $50,000 and Ether goes beyond the $3,300 mark, another $300,000,000 worth of positions got liquidated in the last 24 hours.
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Over 69,227 traders got rekt in the last 24 hours, $134,980,000 in BTC positions, and $81,21,000,000 worth of ETH positions, The biggest single liquidation was worth $12,000,000! OUCH! How do you explain that to your wife? Not a very good day for leverage traders today.
However, what’s interesting this time around is the fact that “only” around 47% of those that got destroyed were short positions, usually, it’s mostly shorters. Looks like some folks got caught up in the ETH’s dip when it dropped for a while yesterday.
submitted by /u/rootpl
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