Bitcoin (BTC) fall below $42,000 cost traders $344 million 😰😰😥

The total amount of liquidations on the crypto market in the last 24 hours reached 345 million dollars. Most of the forced closed positions were in BTC and ETH.

On Friday, the price of bitcoin fell below the $42,000 mark, prompting the liquidation of more than 100,000 positions. The collapse reversed much of the asset's gains over the past month, which preceded the approval of several spot ETFs for U.S. public trading.

More than 90% of liquidations were distributed between OKX, Bybit, Huobi and Binance. The largest order was executed by Bybit - the exchange closed a BTCUSDT long in the amount of $4.6 million. #BinanceTreat #cryptonews #btc #BinanceWish #eth $BTC $ETH $BNB