🌪Liquidation Storm: $1B Wiped During BTC Rally
In the last 24 hours, Bitcoin surged 8% reaching a new ATH.
However, more long-trades were liquidated:
📈 52.24% Long positions ($559M)
📉 45.56% Short positions ($487M)
The top 5 exchanges by liquidation volume were:
- $420M on Binance
- $276M on OKX
- $213M on Bybit
- $120M on HTX
- $27M on CoinEx