Sunday Shockwave: Bitcoin’s $80K Surge Triggers Massive $430M Crypto Liquidation

Quick Summary:

As bitcoin and ether climb steadily, driving the crypto economy upward, a wave of liquidations has swept through the crypto derivatives markets.

In the past 24 hours alone, more than $300 million in short positions were liquidated.$300M in Short Bets Liquidated as BTC Hits All-Time High Just before 7 a.m.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Shorts Market Updates Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 13:33:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

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

Copyright Owner: © Bitcoin News

News ID: 23492157

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 17 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

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: #62

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