Bitcoin liquidates $70M of short positions as it skyrocketed to $29,800 on rumors of spot ETF approval

Bitcoin liquidates $70M of short positions as it skyrocketed to $29,800 on rumors of spot ETF approval
фото показано с : cryptoslate.com

2023-10-16 16:47

Quick Take

The recent rumors of a spot ETF approval, as reported by Cointelegraph, have triggered a significant market reaction, with Bitcoin soaring as high as $29,800 over the past hour.

This sudden surge has led to an influx of liquidations, amounting to approximately $81 million. Interestingly, the bulk of these liquidations, roughly $70 million, were short positions. This suggests that a considerable number of traders were caught off guard by the ETF news, leading to an abrupt market adjustment and a squeeze of short positions.

Liquidations: (Source: Coinglass)

The post Bitcoin liquidates $70M of short positions as it skyrocketed to $29,800 on rumors of spot ETF approval appeared first on CryptoSlate.

origin »

Bitcoin (BTC) на Currencies.ru

$ 89913.24 (-0.62%)
Объем 24H $59.699b
Изменеия 24h: 0.70 %, 7d: 6.87 %
Cегодня L: $89150.54 - H: $92200.81
Капитализация $1794.612b Rank 1
Цена в час новости $ 28244.12 (218.34%)

rumors approval bitcoin etf spot million sudden

Источник: cryptoslate.com

rumors approval → Результатов: 16


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru