Bitcoin’s price rally above $69,000 leads to widespread market liquidations

Quick Take Bitcoin has started the week strong with a push above $69,000—up more than 3% today and marking its highest value since March 16. The move triggered a flood of liquidations in the digital asset ecosystem.

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Bitcoin’s climb past $35,000 triggered over $221 million in liquidations

Quick Take A remarkable spike in Bitcoin’s value during the early hours (UTC) has precipitated a slew of liquidations across the cryptocurrency market, underscoring once again the high volatility of the digital asset sector.

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Bitcoin (BTC) Crash Sparked $162 Million in Crypto Liquidations: Details

Bitcoin has fueled another bout of encompassing market liquidations that has topped $162 million

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Over $250 Million In Liquidations As Bitcoin Recovers Above $20,000

Liquidations have rocked the space as the price of Bitcoin has fluctuated between red and green in the last week. Since the price had been crashing for the major parts of last week, the liquidations have been heavily skewed towards long traders.

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Traders Suffer Nearly $30M in Bitcoin (BTC) Long Liquidations Within 4 Hours

In a 4-hour period, Bitcoin traders experienced $29.22 million in long futures liquidations. This is another significant number of liquidations triggered by similar price action as on June 1. The post Traders Suffer Nearly $30M in Bitcoin (BTC) Long Liquidations Within 4 Hours appeared first on BeInCrypto.

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Bitcoin Leverage: Lack Of Liquidations Could Indicate Another Wave Of Selling

Bitcoin finally broke below the $40K point this past weekend. This had sent the cryptocurrency back towards six-month lows. One thing though was that liquidations or the digital asset remained lower than expected.

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Market Roundup: Bitcoin Fights $50K as MicroStrategy Buys 19,452 BTC

The week may have started with some of the biggest 24-hour liquidations ever seen. Bitcoin declined to the mid-$40k range as traders suffered roughly $6 billion in liquidations on Tuesday, Feb 23.

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$1,000,000,000 in Bitcoin (BTC) Longs Erased on Binance as Bitcoin Loses 23 Percent

Bitcoin (BTC) liquidations on Binance (BNB) exchange set new records as king coin fails to get rid of painful correction

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Market Roundup: Bloody Monday Sees Mass Liquidations, BTC Falls 7.5%

Bitcoin was the story of the day following a dramatic drop that saw as much as a 15. 8% loss on the Binance exchange. There were varying degrees of price drops depending on the exchange. The mini flash crash saw the entire market follow suit.

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$1.7 billion in crypto liquidations occurred after Bitcoin dipped below $46,000

The market cleaned out overleveraged traders in a sudden move downwards yesterday before recovering in the afternoon hours on Monday. The post $1.7 billion in crypto liquidations occurred after Bitcoin dipped below $46,000 appeared first on CryptoSlate.

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Crypto Market Downturn Forces Nearly $2 Billion in Liquidations

According to CoinGecko data, Bitcoin made another new all-time high of $49,531 in the late hours of Feb. 14. With the magical $50,000 milestone closer than ever, excited crypto traders went in heavy on long positions.

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Bitcoin Price Rockets as SEC Reveals $1.5b Tesla BTC Purchase; Miami May Follow

Bitcoin’s price saw a massive upswing overnight following news regarding Tesla’s purchase of $1.5 billion worth of BTC to add to their balance sheet This represents 10% of the company’s total cash balance, which is significant considering its size Naturally, this news riled investors and caused hundreds of millions of dollars worth of short-sided liquidations […]

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REKT: Almost $3 Billion in Crypto Liquidations in the Last 24 Hours

Prices have fallen sharply for crypto, with ether dropping almost 20%. Meanwhile, bitcoin dropped almost 15%, with some altcoins being hit even harder. According to Bybt, a cryptocurrency derivatives data analytics platform, $2.

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Bitcoin hit by $2.7 billion futures liquidation frenzy: What happens next?

After a massive cascade of liquidations, Bitcoin price could be heading toward recovery, based on network fundamentals.

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Blockchain Bites: $10B in Bitcoin Futures, Price Wobbles and Liquidations

A correction in bitcoin's price (from all-time highs) led to $1 billion in liquidated options positions. Ukraine announced a Stellar-based CBDC experiment and a much-awaited Ethereum layer 2 set a tentative launch date.

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Bitcoin price dip to $27K costs Binance long traders $190M in liquidations

Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes.

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Binance sees record long liquidations as Bitcoin slips under $30k

The price of Bitcoin, the world's largest cryptocurrency, registered a new all-time high of $34,800 on 3 January 2021. However, thanks to the exponential nature of BTC's hike, corrections were inevitaThe post Binance sees record long liquidations as Bitcoin slips under $30k appeared first on AMBCrypto.

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Despite Bitcoin's $1B shorts liquidations, why does the narrative of a price rally stick?

After recovering from the aftermath of the $1 billion shorts liquidation in Bitcoin, traders have now been hit with increased activity on the Bitcoin network. The supply shortage narrative may still bThe post Despite Bitcoin's $1B shorts liquidations, why does the narrative of a price rally stick? appeared first on AMBCrypto.

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$800m Liquidated: Bitcoin’s Rally to All-Time Highs Leaves Trail of Bear Blood

Bitcoin saw some potent price action yesterday, with bulls sending it rallying from the mid-$20,000 region to highs of $23,700 The selling pressure here proved to be quite significant and slowed its growth, but the cryptocurrency does appear to be poised to see further upside One analytics firm explained in a recent tweet that a massive onslaught of short-sided liquidations fueled this movement Over the past few days, over $1 billion in short positions have […]

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Bitcoin’s Drop to $20K Resulted in $370M of Liquidations 

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$550M in Bitcoin Liquidations as Price Falls Below $19,000

After stopping shy of the $20,000 mark, the bitcoin price is currently on the downtrend, almost slipping below $18,000. Over 81,000 Traders Liquidated as Bitcoin Price Sheds $1. 6K According to data from crypto derivatives data aggregator bybt, total bitcoin liquidations in the last 24 hours stand at over 30,000 BTC.

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Bitcoin derivatives market hasn’t been this wrecked since the March crash

On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone. The post Bitcoin derivatives market hasn’t been this wrecked since the March crash appeared first on CryptoSlate.

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CME becomes largest Bitcoin Futures market as OI hits $1.16bn

Amidst all the market movement over the past few days, and liquidations observed over exchanges, CME has now overtaken OKEx to become the largest Futures market for Bitcoin. [embed]https://twitter.

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Bitcoin Traders Eye All-Time Highs Despite $1.3 Billion in Liquidations

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Mass Carnage: Bitcoin Bulls Face $750m in Liquidations During Latest Selloff

It has been a rough past 12 hours for Bitcoin, as the benchmark cryptocurrency is currently in the process of erasing weeks of gains as it plunges lower The crypto came within a stone’s throw of its all-time highs before the selling pressure began mounting From here, its price rejected and began its descent down to where it is currently trading at One reason behind this dip is concerns regarding a new wave of crypto […]

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Cryptocurrency Derivative Liquidations Top $1.9B Amid Thanksgiving Day Slump

Optimistic long bets on crypto derivatives have once again come at a considerable cost to traders following a $1. 93 billion wipeout over the past 24 hours. The total crypto market cap is down over $70 billion amid a massive slump in prices of nearly all virtual assets with Bitcoin (BTC) retreating below the $17,000 mark.

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How massive liquidations caused Bitcoin to plummet 16% in 24 hours

Bitcoin fell to as low as $16,334 across major exchanges as cascading liquidations caused massive volatility.

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Bitcoin Quickly Drops 3.5% After Surging Past $16k—Here’s Why It’s Healthy

The price of Bitcoin (BTC) just surpassed $16,000 on the fourth retest. Yet, across BitMEX and Bitfinex, short liquidations totaled around $13 million. This shows that rather than an overheated futures-driven rally, the ongoing uptrend is organic.

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Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations

Derivatives' role in bitcoin's rally is "muted" this time, said one trader.

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Ethereum Classic, Maker, Bitcoin Price Analysis: 07 September

Bitcoin contributed to a whole host of sell liquidation orders as it dropped from $11,400 to $10,000 a few days ago. On BitMEX alone, about $264 million worth of sell liquidations were registered.

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Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third largest exchange in South Korea.

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Bitcoin: Should you be worried about another March-style crash?

After Bitcoin dipped by a total of 6.25% between Tuesday and Wednesday, liquidations worth $50 million were spotted. Although this drop is small compared to the drop on August 2nd, there might be fearThe post Bitcoin: Should you be worried about another March-style crash? appeared first on AMBCrypto.

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Bitcoin’s Weekly Rejection May Lead Price Below $10K; Here’s Why

Bitcoin bulls once again failed to hold the price above $12,000, owing to a higher selling pressure near the level. The benchmark cryptocurrency broke upwards of $12,000 on Monday. The rally exceeded towards $12,486 (data from Coinbase), a level that saw massive liquidations of long positions.

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Bitcoin Futures Data Shows Market Favors Bulls Despite $1.5K Flash Crash

Several key derivatives indicators show investors are still strongly bullish on Bitcoin despite $1 billion in liquidations.

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How OKEx’s risk engine prevented cascading liquidations during Bitcoin crash

The huge crypto crash that took place on Sunday could have been much worse if it weren’t for OKEx’s risk engine. The post How OKEx’s risk engine prevented cascading liquidations during Bitcoin crash appeared first on CryptoSlate.

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Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000

Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support.

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$500M Liquidated: Bitcoin Slides to Crucial Level Following Overnight Volatility

Bitcoin bore witness to some intense overnight volatility that came about after it hit highs of $12,000 From this point, the cryptocurrency decline to lows of $11,000 before finding some strong support Despite buyers protecting this level, its inability to post any type of strong bounce here does seem to be a negative sign for the cryptocurrency The sharp cliff formed as a result of the overnight selloff also led to massive liquidations amongst buyers […]

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Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations

Only $133 million in futures were liquidated on BitMEX as bitcoin soared above $11,400.

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The Cost of Bitcoin Surging 15% in 24 Hours: $500 Million in Liquidations

Bitcoin has seen explosive price action over recent days. As of this article’s writing, the asset trades for $11,200 — more than 10% higher than it was 24 hours ago. The recent price action was expected by many market commentators.

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Top Fund’s Halving Analysis: Bitcoin Could Rise to $115,000 by Aug. 2021

Bitcoin is far from a full-blown bull market. Every attempt at rally upward has been smacked down by bears. The latest of which was the rally to $9,800 on Monday, which was followed by an $800 rejection and millions in liquidations.

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Bitcoin (BTC) Drops to $9,262 on BitMEX as $25M in Longs Liquidated in Two Waves

The Bitcoin (BTC) market has experienced two waves of massive long liquidations on BitMEX Bitcoin (BTC) derivatives exchanges. Will it continue to free-fall?

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3 Things to Know About BTC Futures and Crypto Exchange Liquidation Engines

Some Bitcoin derivatives exchanges profit massively from position liquidations but traders can avoid this by actively managing stop-losses.

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Bitcoin Set to Break $10,000 as Dollar Dips to Three-Month Lows

Bitcoin experienced a brief bull run above $10,000 on Wednesday. The cryptocurrency dipped back below $10,000 due to $14 million worth of shorts liquidations on BitMEX. Nevertheless, BTC/USD retained its upside target towards $10,000 as the Federal Reserve’s commitment to keeping interest rates near zero until 2022 drove the U.

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Bitcoin Is About to See a Crucial Breakout: 3 Factors Show Upside Is Likely

It may seem like Bitcoin has seen intense volatility over the past two weeks, and that’s true. In the past week alone there was approximately $250 million worth of position liquidations on BitMEX alone, data from crypto derivatives platform Skew.

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BitMEX Open Interest Collapses Following $25m Bitcoin Liquidation Spree; What This Means

Bitcoin’s recent volatility has led open interest on trading platforms like BitMEX to plummet This has come about amidst a bout of choppy price action, which has led to a massive amount of position liquidations amongst margin traders It is possible that these liquidations are causing more and more traders to move to the sidelines This could lessen BTC’s day-to-day volatility and help it push past $10,000 Bitcoin has seen some volatility in recent times, […]

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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […]

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Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […]

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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000

Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […]

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Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values

The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.

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