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$650 Million Wipe Out in Crypto Liquidation, What’s Happening?

Coinpedia LogoCoinpedia11h ago

$650 Million Wipe Out in Crypto Liquidation, What’s Happening? - Coinpedia

Quick Summary:

However, sentiment now appears to be cooling off, resulting in hundreds of millions of dollars in liquidations.

CoinGlass reported that nearly 200,000 traders were affected by liquidations over the past 24 hours.

The cryptocurrency market experienced notable upside momentum following the election of Donald Trump as president of the United States.


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$650 Million Wipe Out in Crypto Liquidation, What’s Happening? - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 17:48:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23589771

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 29 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

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The story "$650 Million Wipe Out in Crypto Liquidation, What’s Happening?" has 277 words across 16 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "$650 Million Wipe Out in Crypto Liquidation, What’s Happening?" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 29 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #23589771
  • URL: https://beamstart.com/news/650-million-wipe-out-in-17316066196162

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