April 18, 2024

Traders lost $ 810 million in a day after the collapse of BTC

Traders lost $ 810 million in a day after the collapse of BTC

At night, Bitcoin updated its three-month low. Exchanges liquidated $810 million worth of traders' positions.

Coinglass has tracked 208 thousand margin orders that were forcibly closed over the past day. The largest liquidation, worth $ 10 million, took place on BitMEX.

The sellers are still keeping their pressure, making it possible for the asset price to continue falling from the current levels.

Experts believe that the market is influenced by a number ofфакторов. Среди них – постановление ФРС об изъятии долларов из обращения (фактическое прекращение финансирования многих секторов) и последние события в Казахстане, которые могут значительно обвалить хешрейт биткоина. 

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