Over the last day, cryptocurrency liquidations increased. Ethereum (ETHThe chart leader is still ).
Coinglass data shows the crypto market has seen a 78.8% increase in liquidations over the past 24 hour period, exceeding $75 million. The increase in liquidations came while the total cryptocurrency open interest recorded a 0.35% decline in the same timeframe — currently hovering at $66 million.
A crypto.news story from June 16th stated that the number of bitcoins has increased to 16. According to a report by Crypto.news on June 16, crypto liquidations plunged by 80% — dropping to $42.4 million — in just one day as the broader market was consolidating with a total market capitalization of $2.54 trillion.
Coinglass data:
- Liquidation of $43.9 Million worth of long positions.
- Short positions worth $31.6 Million were liquidated.
- Ethereum dominates the list with over $19 million in liquidations — $5.6 million longs and $13.5 million shorts.
- BitcoinBTC) liquidations reach $8.2 million — $4.15 million longs and $4.09 million in shorts.
- Binance dominates the market with an impressive $38,7 million of liquidations, with longs making up 57.6%.
- OKX reported $23 millions in liquidations with a market share of 30%.
As per data CoinGecko reports that global cryptocurrency markets are experiencing increased liquidity. market capitalization records a 0.4% decline in the past 24 hours — falling from $2.549 trillion to $2.536 trillion.
Bitcoin’s price has consolidated around $66,000 over the last three days. Ethereum is hovering around $3,550 in that same timeframe.
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Source: crypto.news
