USD 2.7B Liquidated in One Hour as Volatility Hits Crypto Markets
Publikováno: 7.9.2021
d at USD 46.2k, per CoinGecko’s price data. However, that’s still up significantly from the low of just over USD 42,900 that was seen on Binance earlier in the selloff, and the USD 42,850 seen on
The sharp moves lower also led to large liquidations on derivatives exchanges, with more than USD 2.7b liquidated in just one hour across all exchanges and trading pairs, per data from Bybt.com.
Looking at data from Skew, massive liquidations could also be seen in the bitcoin market, with more than USD 750m liquidated in one hour for bitcoin alone.
Despite derivatives trades getting rekt, however, El Salvador’s president and bitcoin proponent Nayib Bukele wrote on Twitter that his country is “buying the dip”:
Other reactions:
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