Binance Square
LIVE
LIVE
Arman292
--50 views
Übersetzen
Cryptocurrency: $1.1B Liquidated From The Market in 24 Hours In a newly updated tally, over $1.1 billion in assets have been liquidated from the cryptocurrency market in the past 24 hours. This is an uptick from the earlier total Tuesday of $715 million. As the overall cryptocurrency market is in the green and surging, investors appear to be cashing in on their assets while they’re ahead. The overall sentiment of cryptocurrency in the market has been very bullish in the past month due to multiple factors. Most notably, the Bitcoin halving expected to come in March is boosting the value of Bitcoin to near all-time highs. Hence, the surge of BTC is pumping up the price of many altcoins and other leading cryptocurrencies. Over $1 Billion Cryptocurrency Liquidated: The Breakdown According to the latest data from Coinglass, in the past 24 hours, 318,221 cryptocurrency traders were liquidated for over $1.19B. Bitcoin is the leading asset that’s been liquidated by far, with traders cashing in on over $340M in BTC. Ethereum follows not far after at over $202.44M in ETH. Coinglass data also reveals that the largest single liquidation order happened on Bitmex. On the Bitmex exchange, one trader liquidated LINKUSD value at $11.35M. The most liquidations in terms of value within that $1.19B+ were on the Binance exchange, with $467.42M being liquidated. New meme coins, such as FLOKI, WIF, and PEPE, are also being liquidated, with traders who bought in early cashing in on those assets. The steep rise compared to just hours earlier shows that traders may believe the market has hit its peak. It is important to remember that despite many of these coins not yet reaching their ATHs, including ETH and SHIB, the surge in cryptocurrency may not be over yet. The liquidation surge could mean that cryptocurrency traders expect a downturn soon. However, BTC and other coins may creep up just a bit higher, especially as the halving approaches. It will be interesting to see how many more liquidations come this week as cryptocurrency continues to surge. #BTC #Liquidated

Cryptocurrency: $1.1B Liquidated From The Market in 24 Hours

In a newly updated tally, over $1.1 billion in assets have been liquidated from the cryptocurrency market in the past 24 hours. This is an uptick from the earlier total Tuesday of $715 million. As the overall cryptocurrency market is in the green and surging, investors appear to be cashing in on their assets while they’re ahead.

The overall sentiment of cryptocurrency in the market has been very bullish in the past month due to multiple factors. Most notably, the Bitcoin halving expected to come in March is boosting the value of Bitcoin to near all-time highs. Hence, the surge of BTC is pumping up the price of many altcoins and other leading cryptocurrencies.

Over $1 Billion Cryptocurrency Liquidated: The Breakdown

According to the latest data from Coinglass, in the past 24 hours, 318,221 cryptocurrency traders were liquidated for over $1.19B. Bitcoin is the leading asset that’s been liquidated by far, with traders cashing in on over $340M in BTC. Ethereum follows not far after at over $202.44M in ETH. Coinglass data also reveals that the largest single liquidation order happened on Bitmex. On the Bitmex exchange, one trader liquidated LINKUSD value at $11.35M.

The most liquidations in terms of value within that $1.19B+ were on the Binance exchange, with $467.42M being liquidated. New meme coins, such as FLOKI, WIF, and PEPE, are also being liquidated, with traders who bought in early cashing in on those assets. The steep rise compared to just hours earlier shows that traders may believe the market has hit its peak.

It is important to remember that despite many of these coins not yet reaching their ATHs, including ETH and SHIB, the surge in cryptocurrency may not be over yet. The liquidation surge could mean that cryptocurrency traders expect a downturn soon. However, BTC and other coins may creep up just a bit higher, especially as the halving approaches. It will be interesting to see how many more liquidations come this week as cryptocurrency continues to surge.

#BTC #Liquidated

Haftungsausschluss: enthält Meinungen Dritter. Die hier bereitgestellten Informationen stellen keine Finanzberatung dar. Siehe AGB.
0
Relevanter Ersteller
LIVE
@Square-Creator-6a748e7538c6

Weitere Inhalte des Erstellers entdecken

--
AI predicts Terra Classic price for end of 2024 !! #WIF #sui #SHIB #FET #BTC Terra Classic (LUNC) proved just as susceptible to the current market trends as any other coin or token and had a major rally in early March, a significant drop toward the middle of the month, and restarted its rise since. Google Gemini predicts Terra Classic price for December Gemini’s initial forecast could best be described as cautious as it set its sights at a December price of $0.0002 – almost exactly at the current 2024 highs for the token. The AI reasoned that, despite the current trends in the crypto market, a massive bull run later in the year is not guaranteed, and that, even should one take place, LUNC faces an uphill battle due to its damaged reputation. When asked to provide a prediction with more decimals to offer greater utility for its forecast, Gemini’s revision proved bearish as it set its new target at $0.000185. The large language model (LLM) reiterated its previous reasoning but added that the altered forecast is made to reflect more strongly the headwinds likely to be faced by LUNC, but also account for the likely upside given the Terra Classic team’s efforts to revitalize the token and its ecosystem. Not to settle for a single source, Finbold also consulted Microsoft (NASDAQ: MSFT) Copilot on its own prediction for LUNC. Copilot – specifically its creative “voice” – proved more bullish on Terra Classic than Gemini and set its sights on $0.0003 in December. Its revision, however, proved more bullish as Copilot placed its more precise forecast at $0.000327, though its supplemental reasoning proved more generic, generally citing the influence of broad market trends on individual cryptocurrencies and the potential impact of technological developments or regulatory actions. Whatever December 2024 may bring for Terra Classic, the first quarter of the year proved highly volatile for the token as it is, after several major ups and downs in recent months, a total of 12.14% in the green since January 1.
--
Bitcoin to Reach $100,000 Sooner Than Expected, Predicts Analyst. In a recent surge that has caught the attention of the crypto community, Bitcoin (BTC) has made significant strides, signaling a potential bull market on the horizon. Jelle, a prominent crypto analyst known for their accurate predictions, has sparked discussions across social media platforms with a tweet that suggests an imminent upward trajectory for BTC. The analyst hinted at robust confidence in the digital asset's performance, tweeting that the new higher low had locked in and that Bitcoin was pushing toward the highs. He indicated that the next upward Bitcoin movement had started and expressed his opinion that reaching $100,000 was only a matter of time. As of now, the price of Bitcoin stands at $71,133, witnessing a notable increase of 5.76% in the last 24 hours. This uptick is not isolated; the 24-hour trading volume of BTC has surged by 49.12%, reaching $44.58 billion. The market capitalization has also seen a parallel rise of 5.74%, now valued at $1.4 trillion. These metrics not only reflect the growing interest and investment in Bitcoin but also underscore the market's bullish sentiment. Bitcoin halving effect? The anticipation surrounding BTC is further fueled by the upcoming Bitcoin halving event slated for next month. Historical trends associated with previous halving events have typically led to significant price increases, contributing to widespread optimism among investors and analysts alike. This event inherently reduces the supply of new Bitcoins, thus potentially driving up the price due to increased scarcity. This optimism is not unfounded. The financial institution Standard Chartered Bank recently forecast that Bitcoin could reach the $250,000 mark next year, underscoring a bullish outlook that resonates with Jelle's predictions. While predictions vary, the common thread among analysts is the belief in BTC's continued growth, with the $100,000 milestone now appearing more attainable than ever. #BTC #HotTrends
--
A little knowledge about the currency circle When entering the currency circle, prepare first. It is better to enter less than to enter rashly. Trading sideways at a low level, it’s a good time to buy at new lows and heavy positions. Sell ​​high, dive in, and try not to trade sideways Keep trading sideways, which means to use sideways to replace the decline. You must hold your currency firmly, it may rise at any time. When prices are rising rapidly, you must always be prepared to sell, as prices may plummet at any time. When it declines slowly, it’s time to cover your position little by little. Consolidate high and low, wait a moment, trade sideways at a high level, then rush higher, seize the opportunity, sell quickly Trading low and sideways, new low, buy full position, good time No rush high, no selling, no diving, no buying, sideways trading, no trading Buy yin, don’t buy yang, sell yang, don’t sell yin Only those who go against the trend become heroes If it falls sharply in the morning, buy it; if it rises sharply in the morning, sell it; if it rises sharply in the afternoon, don't chase it; if it falls sharply in the afternoon, buy it the next day Big fall in the morning, no cutting, no rise or fall, sleep Holding tight to cover positions, seeking to protect capital, and extravagantly seeking profits are greedy Calm water, one high wave, watch out for big waves behind After a sharp rise, there must be a correction K-line for many days, draw a triangle, look at the support level in an upward trend, look at the resistance level in a downward trend It is taboo to operate with a full position, and it is not advisable to insist on one's own way. Principal first, risk second, profit third! Patience, thinking, execution, and self-discipline—all will become essential qualities on your way to success. #BTC #HotTrends
--

Aktuelle Nachrichten

Mehr anzeigen
Sitemap
Cookie Preferences
Nutzungsbedingungen der Plattform