📉 Insights from 'Crazyblock,' a CryptoQuant contributor and Bitcoin on-chain analyst! 📊 He's observed a concerning trend: declining liquidity in the BTC markets this year. 💧
💱 Spot trading volume has seen a drastic 94% drop, while derivatives trading volume has decreased by 73% since March. 📈💼
💡 BTC trading volume plays a vital role in maintaining liquidity for price increases. 📈 The recent decline suggests a potentially precarious and unstable market situation. 📉 #BitcoinLiquidity #CryptoAnalysis #MarketTrends 🪙📊

$BTC In my article yesterday, I said that Closing on the Line is important. There was a lot of criticism. In the pictures below, you can see yesterday's article and today's picture where Bitcoin pinned down 4 thousand dollars. Many people liquidated their transactions in a single candle. Therefore, where the closing is done is very important. Many people will drown in big waves during the halving and will not be able to earn money. However, we will earn good money with cautious steps and patience. Get well soon to those who lost money...
#Bitcoincrashcandle #BitcoinLiquidity #btc #bitcoin #halving

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#NewsAlert #BitcoinLiquidity #TrendingAlert #Write2Earrn

Crypto Liquidations Reach $139 Million in 24 Hours

The cryptocurrency market saw a significant number of liquidations over the past day, with over 61,650 traders forced out of their positions. This resulted in a total of $139.36 million in liquidated funds.

The largest single liquidation order occurred on the OKX exchange and involved an ETH-USD-SWAP valued at $7.97 million. This highlights the potential for substantial losses when trading with leverage, a common practice in the cryptocurrency market.

What are Liquidations?

Liquidations occur when a trader uses borrowed funds, or leverage, to amplify their market exposure. When the price moves against their position, the exchange automatically sells their holdings to prevent further losses and recover the loaned funds.

Impact of Liquidations

Liquidations can exacerbate market volatility. If a large number of traders are forced to sell their holdings simultaneously, it can drive prices down further, triggering more liquidations in a domino effect.

Volatility in the Crypto Market

The cryptocurrency market is known for its high volatility, meaning prices can fluctuate significantly in short periods. This volatility can magnify profits but also lead to substantial losses, especially for leveraged positions.

Trading Cautiously

Traders, particularly newcomers, should be cautious when using leverage. It's crucial to understand the risks involved and implement risk management strategies such as stop-loss orders to limit potential losses.