Bitcoin experienced a large correction last night, reaching a low of $95,745 at midnight. In the past 24 hours, nearly $500 million of positions were liquidated across the entire network, and more than 190,000 people were liquidated.
After hitting a record high of $99,588 over the weekend, Bitcoin began to fluctuate downward. It started a large correction from $98,500 around evening yesterday, and reached a low of $95,745 at midnight.
However, it rebounded before press time and is currently trading at $97,559, down 1.04% in the past 24 hours.
As for Ethereum, the strength of the past few days seems to have stalled a bit, with the lowest price reaching $3,281 last night. At press time, it was temporarily reported at $3,330, down 2.84% in the past 24 hours.
In the past 24 hours, the entire network has been liquidated for nearly US$500 million, and more than 190,000 people have been liquidated
As Bitcoin fell, according to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidations reached US$495 million, with long positions liquidating US$364 million, accounting for the majority, and short positions liquidating US$131 million, with more than 193,000 people being liquidated.
