BTC liquidations in last 24 hours top $160M

admin January 30, 2023

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According to CoinGlass data, the third most important long Bitcoin (BTC) liquidation of 2023 occurred on January 30, with over $160 million in BTC liquidated in the last 24 hours.

At the time of writing, data It shows that a total of $160.69 million worth of BTC was liquidated in the last 24 hours. This amount includes his 15 million long BTC liquidation recorded today. mark It is the third largest long BTC liquidation of 2023, according to CryptoQuant.

BTC Long Liquidation (Source: CryptoQuant)

The first and second largest long BTC liquidations of the year were recorded on January 19 and January 15, surpassing 20 million and 16 million respectively.

A similar move in BTC liquidations was recorded on January 25, when the price of BTC surpassed $23,000, with total liquidation exceeding $200 million in 24 hours.

BTC is trading around $22,740 at the time of writing.

Journalist at CryptoSlate

Zeynep is an academic turned cryptocurrency in 2018. With a social science background, she has a particular interest in the social impact of blockchain and cryptocurrencies, and a strong believer in their transformative power.

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