#Liquidation of $300 million as #Bitcoin and alternative currencies enter a sharp correction.. What's next?

_#Both.Bitcoin (BTC) and altcoins are now facing a pullback as the broader #cryptocurrency.market undergoes a correction of over 3%. Bitcoin (BTC) saw a decline of up to 7.5%. It fell to $40,521, but recovered some of its losses and settled at a 4% decline. It is currently trading at $41,745. At present, Bitcoin (BTC) is declining by 3.37%, with a price of $42,357 and a market cap of $828 billion. $300 Million Liquidation As Bitcoin (BTC) Corrects According to CoinGlass data, nearly $300 million worth of long positions were liquidated over the past four hours. This is happening across the broader cryptocurrency market, with small-cap altcoins seeing a bigger decline. Bitcoin has seen significant momentum this year. Buoyed by expectations of regulatory approval for the first Bitcoin spot trading funds (ETFs) in the US.

$BTC $ETH $BNB

#FollowUsNow To see more breaking news 💵🚀✅

#The.burning.rate of a #digital.currency increases by 800% as a whale moves 4 trillion units.

_#Shiba.Inu.currency , an altcoin based on Ethereum, is popular. Once again with noteworthy interest among #cryptocurrency.market fanatics as the cryptocurrency continues to make significant progress in the world of cryptocurrencies. The Shiba Inu (SHIB) burn rate has seen a massive spike in the past 24 hours, with millions of coins being burned. Moreover, the massive whale trade also caught the attention of cryptocurrency market traders as it transferred trillions of SHIB to an unknown wallet. Meanwhile, amidst the aforementioned SHIB saga. The price of the Shiba Inu has also maintained its rise, creating buzz within the broader cryptocurrency market. SHIB Burn Rate and Whale Activity: A Report Revealed by Shibburn, a platform that facilitates SHIB burn insights. Recently, data was reported about the increase in SHIB burning rate. According to the data, the burn rate saw a massive increase of 803%.

$SHIB

#FollowUsNow To see more breaking news 💵💯🙏🚀

#The.Shiba.Inu burn rate increased by 5000%.. What happens?

_#Shiba.Inu.coin , one of the most popular cryptocurrencies in the world of cryptocurrencies, has acquired. Recently, it has witnessed a noticeable increase in its burning rate over the past day. Furthermore, the rise in SHIB's burn rate appears to have orchestrated a torrent of speculative noise across the broader cryptocurrency market on Monday as it emerged amid a price decline seen in the token. A large whale transfer also received notable attention among #cryptocurrency.market enthusiasts. Notably, the whale transfer resulted in the redistribution of approximately 4 trillion SHIB between unknown wallets. Which sparked more speculation about the token. SHIB Burn Amid Whale Activity: Report According to data revealed by #Shibburn , a platform that simplifies SHIB burn metrics. It appears the community has burned 53.13 million SHIB in the past 24 hours. Moreover, according to the data, the burn rate indicated a massive rise of 5043.37%, sparking optimism about the token.
In line with today's spike in burn rate, the cryptocurrency's weekly burn rate also registered a rise of 98.66%. Meanwhile, a big deal also occurred for the whales orbiting the Shiba Inu as the token set a bullish record for burn rate. It unveiled Whale Alert, a platform that provides on-chain metrics. According to data showing the transfer of 4.25 trillion SHIB yesterday, December 24th. According to the data, an unknown wallet, 0x3ce6bed2…87d896c59f, transferred the blocked amount to another unknown wallet, 0x9c570088…a22fd8b51b. Interestingly, the rise in SHIB burning rate, accompanied by whales transferring 4.25 trillion coins. Coinciding with the price drop observed by the token today, it sparked a spiral of speculation across the cryptocurrency horizon. Shiba Inu Price Decline As at the time of writing, the Shiba Inu price has shown a marginal decline of 0.97% and is currently trading at $0.00001077.

$SHIB

#followforwldknowledge 🚀💯✅🤌

#Cardano rose 10% in strong higher trading💵🚀
_#Cardano was trading at $0.4405 at 16:03 (13:03 GMT) on the Investing.com #Index on Wednesday, rising 10.05% on the day. To record the highest daily increase since. This upward move pushed Cardano to record a market cap higher than $15.5204B, or 0.97% of the total #cryptocurrency.market cap, and at the record level, where Cardano's market cap was $94.8001B.

#FollowUsNow To see more breaking news ⬇️💵🚀