Peste 400 de milioane de dolari lichidați într-o zi, pe măsură ce Bitcoin a căzut sub 41 de dolari

The market suddenly turned red today following what seems to be another wave of regulatory efforts to crack down on cryptocurrencies in China. This left over $400 million liquidated in less than a day.

• As Criptocartofi raportate, China continues with its efforts to further crack down on the entire cryptocurrency market.
• The country’s national bank issued a statement outlining that digital assets are banned, adding that operating with exchanges will also be prohibited.
• While a lot of this isn’t new, the market responded negatively, and Bitcoin’s price tumbled by more than $3K in a matter of minutes.
• It didn’t stop there, as moments later, the price went below $41,000 before recovering to where it currently trades around $41,400.
• This left a massive number of liquidated positions, most of which, of course, are longs.
• Datele de la De spectacole that there is more than $418 million worth of both longs and shorts were wiped off the market, where almost 70% of these were longs.
• The largest single liquidation order took place on OKEx – it was a BTC order with a face value of almost $7 million.
• Most of the liquidations took place on Binance, which accounts for about 33% of the total.