Ah, Bitcoin. Once the darling of the financial world, now trudging down to $101,645, a 2.79% drop in the last 24 hours. Ethereum is playing second fiddle at $2,432, following suit with a modest 2.9% decline. It seems like the crypto world is in a bit of a tailspin, with over $699.71 million in leveraged positions wiped out in the last 24 hours. Isn’t that just delightful?
The liquidation party doesn’t stop there. Long traders lost a cool $484.85 million, while short traders managed to contribute $214.86 million to the chaos. Bitcoin’s traders had the worst of it, losing $80.02 million, with Ethereum not far behind at $45.49 million. It’s almost as if the market decided to throw a tantrum and take everyone’s money with it.
Oh, and let’s not forget the other tokens, which tossed in another $31.53 million to the growing pile of misery. The biggest loss of the day? A single liquidation on Bybit’s BTC/USD pair, ringing up a tidy $11 million. Truly, nothing says “I’m on top of the world” quite like watching that chart plunge from a local high of $105,706 down to an intraday low of $100,764. Though there was a small recovery, it’s hardly enough to soothe the bruised ego of any investor looking at those red volume bars on the chart. Looks like the $105,000 mark is holding strong as an impenetrable fortress. Who knew resistance could be so… resistant?
Read More
- Nine Sols: 6 Best Jin Farming Methods
- How to Unlock the Mines in Cookie Run: Kingdom
- Top 8 UFC 5 Perks Every Fighter Should Use
- Link Click Season 3 Confirmed for 2026—Meet the Mysterious New Character Jae Lee!
- Delta Force: K437 Guide (Best Build & How to Unlock)
- USD ILS PREDICTION
- Invincible’s Strongest Female Characters
- USD RUB PREDICTION
- MHA’s Back: Horikoshi Drops New Chapter in ‘Ultra Age’ Fanbook – See What’s Inside!
- How to Reach 80,000M in Dead Rails
2025-05-12 22:45