Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k

Quick take:

• The crypto market has recorded around $400 million liquidation in the last 24 hours. BTC briefly surpassed $23,000.
• Currently, only 11.7% of total BTC supply is on exchanges, the lowest amount since December 2017.
• About $500 million of Bitcoin has been withdrawn from exchanges in the last 24 hours.
• However, Ethereum has only withdrawn about $100 million from exchanges in the last 24 hours.

A post about $400 million in 24-hour cryptocurrency liquidation pushes Bitcoin above $23,000 first appeared on CryptoSlate.