April 26, 2024

Over the past day, traders lost $ 340 million in cryptocurrency.

Over the past 24 hours, traders lost $340 million in cryptocurrency

Just over 12 hours after Bitcoin first overcame $ 10,000 for the first time in several weeks, traders lost $ 338 million at the three largest crypto sites.

After the BTC took off on the night of June 2, a large number of sell orders were filled on the platforms, causing BitMEX, OKEx and Huobi Global to begin liquidating positions en masse.

BTC price chart on BitMEX shows that overnightBTC rose to $10,000 and traders lost about $93 million as a result. The next day the asset fell by $1,500 – to $8,600, which led to the liquidation of another $120 million in positions.

Over the past 24 hours, traders lost $340 million in cryptocurrency

At the moment, the leading cryptocurrency is trading significantly lower than yesterday's average price level. At the moment, the price is kept in the region of $ 9500.

Subscribe to ForkNews on Telegram