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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Julius Wong who wrote (170620)4/18/2021 2:29:19 AM
From: TobagoJack  Read Replies (2) of 217592
 
BTC bloodletting wet-work under way, but Casper is up :0) at 4.73 (from 2.166 the day before) but down from 24-hrs high of 7.08.

u.today

Almost $10 Billion Worth of Crypto Liquidated as Bitcoin Collapses to $51K

According to Bybt data, an eye-popping $9.6 billion worth of crypto has been liquidated over the past 24 hours, up 274 percent from the previous day.

Bitcoin, the flagship cryptocurrency, collapsed to an intra-day low of $51,541 03:36 a.m. UTC on the Bitstamp exchange, trimming over $10,000 within 24 hours.

In spite of the coin's swift recovery to the $56,000 level, long positions account for 89.5 percent ($3.7 billion) of all liquidations within the last hour.



Binance, the largest exchange by daily trading volume, is responsible for 49 percent of the wipe-out, with $4.7 billion worth of liquidations.

Other cryptocurrencies are getting clobbered harder than Bitcoin, with XRP and Litecoin collapsing almost 20 percent.
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