Bitcoin’s Soaring Price Triggers Over $482 Million in Crypto Liquidations

Quick Summary:

In just 24 hours, more than $482 million worth of positions were liquidated, leaving many traders feeling the heat.

Meanwhile, around 166,000 traders were caught up in this massive sell-off, with Bitcoin’s recent gains fueling the chaos.

As Bitcoin moves toward the $100,000 mark, it’s clear that the crypto market is far from stable.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Hours Ethereum Crypto Bitcoin’s Liquidations Million Bitcoin Market Traders Price Positions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 12:57:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23737036

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 29 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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