About $200 million was liquidated from the cryptocurrency market on April 21, pushing the price of Bitcoin (BTC) down to about $27,300.
About $200 million liquidated
according to coin glassthe crypto market liquidated $191.98 million in 24 hours.
Bitcoin liquidated $63.03 million and Ethereum liquidated $54.2 million. Liquidations of other assets such as Dogecoin, Arbitrum, Chainlink, XRP, Litecoin and Solana were less than $5.5 million.
The market liquidation was mainly due to activity on Binance, OKX, Huobi and Bybit.
According to the site’s data, a total of 57,269 traders were liquidated.
Bitcoin value nears $27.3k
Bitcoin prices are also falling, according to CryptoSlate data.
BTC was priced at $27,269 at 9pm UTC, but had crossed $28,200 earlier in the day. Overall, Bitcoin’s price is down 3.4% in 24 hours.
Other major assets are also losing value. Ethereum (ETH) fell 4.9%, XRP fell 5.6% and Dogecoin (DOGE) fell 6.8%.
Post Bitcoin falls to $27.3k. Liquidations amounted to around $200 million and first appeared on CryptoSlate.
