• bitcoinBitcoin$22,996.00-3.65%
  • ethereumEthereum$1,688.84-5.04%
  • ElrondElrond$61.67-6.72%

$110 Million in Bitcoin and ETH Liquidated as Both Coins Fall

Liquidations of both Bitcoin and Ethereum futures contracts today represent the reason why Bitcoin fell under $40,000 and Ethereum below $3,000.

Colin Wu, a Chinese crypto journalist has revealed that Coinglass confirmed that a total of $110 million in BTC and ETH trades have been liquidated across crypto exchanges.

In total, $57.25 million have been liquidated in Bitcoin and $38,03 million in Ethereum. Bitcoin fell to $39,821 today, while Ethereum was changing hands below $3,000. They are currently both trying to recover.

Previous articleNext article

Leave a Reply

Your email address will not be published.