InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,131.60
(
-0.23%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.41
(
-0.08%
)
Bitcoin
60,778.26
(
-0.06%
)
Post# of 40700
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

mmayr

Send PM Follow Ignore
Followers 91
Posts 62956
Boards Moderated 2
Alias Born 04/01/2001

mmayr

Member Level

Re: None

Tuesday, 05/21/2024 10:56:14 AM

Tuesday, May 21, 2024 10:56:14 AM

Post# of 40700
Over 80,000 Crypto Shorts Liquidated For Over $290 Million In 24 Hours As Ethereum Erupts

As the Bitcoin and Ethereum prices exploded toward new all-time highs, the recently piled-on shorts have suffered the brunt of the liquidations. In the last day alone, over $360 million was liquidated from the crypto market with the majority hitting short traders.

Coinglass data shows that the last 24 hours have been brutal for crypto shorts, with almost 90,000 crypto traders seeing their positions liquidated, the vast majority of them short, leading to hundreds of millions of dollars in losses.

Source: https://www.zerohedge.com/markets/over-80000-crypto-shorts-liquidated-over-290-million-24-hours-ethereum-erupts

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up