Declines in world markets also negatively affected cryptocurrencies. Bitcoin fell below $64,000 in the night hours and saw $63,800. Those who invested in leveraged and futures cryptocurrency were also the most affected by the harsh movements.
$260 million long position disappeared
In the last 24 hours, a total of $292 million crypto positions were liquidated due to declines. Long positions accounted for $260 million of these. Another $32 million belonged to short positions.
Ether positions are more
On the other hand, it attracted attention that the most liquidation was in Ether positions. While $101 million of Ether positions were liquidated in the last 24 hours, $97 million of this was in long positions. The total loss in Bitcoin positions was $84 million.
Of the total loss of $292 million, $118 million was on the Binance exchange and $88 million was on OKX.