Today's Crash of Bitcoin and Altcoins Liquidated 206 Thousand Investors!

The chaotic process in the cryptocurrency industry continues.

As of today, it seems that sellers are dominant in the cryptocurrency industry. Although this selling pressure has slowly begun to break in recent hours, it still appears that the leading cryptocurrency Bitcoin (BTC) or altcoins have not recovered.

Today, Bitcoin dropped to $53,500. BTC, which is currently trading at $ 56,300, is trying to get back on its feet.

Here is the Latest Situation in Liquidation Data in the Crypto Industry..

According to the information shared by the successful data provider CoinGlass, as of today, a total of 206 thousand investors in the cryptocurrency sector have lost all their liquid assets in the crypto market.

While a total of 587 million dollars of positions were liquidated in the crypto market in the last 24 hours, a large portion of this amount of 444 million dollars consists of long positions.

Despite everything, with a slight recovery in crypto assets in recent hours, a short position of $ 142 million has been liquidated.

If the sharp movements in Bitcoin and altcoins continue in the coming period, liquidation amounts may increase further.

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