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    Bitcoin liquidations in last 1 day leading $160M

    Justin DoomBy Justin Doom31.01.2023Updated:31.01.2023No Comments1 Min Read
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    Information reveals that an overall of $160.7 million well worth of BTC obtained sold off in the last 1 day.

    Bitcoin liquidations in last 24 hours top $160M

    The 3rd most considerable lengthy Bitcoin (BTC) liquidation of 2023 took place on Jan. 30, as over $160 million well worth of BTC were sold off in the last 1 day, according to CoinGlass information.

    At the time of composing, information reveals that an overall of $160.69 million well worth of BTC obtained sold off in the last 1 day. This quantity consists of the 15 million lengthy BTC liquidation tape-recorded today, which notes the third-largest lengthy BTC liquidation of 2023, according to CryptoQuant.

    Bitcoin liquidations in last 24 hours top $160M

    BTC Long Liquidations (Resource: CryptoQuant)

    The initial as well as second biggest lengthy BTC liquidations of the year were tape-recorded on Jan. 19 as well as Jan. 15, with over 20 million as well as 16 million, specifically.

    A comparable motion in BTC liquidations was likewise tape-recorded on Jan. 25, when the rate of BTC breached $23,000, as well as complete liquidations breached $200 million in 1 day.

    BTC is being traded for around $22,740 at the time of composing.

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    Justin Doom
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    Justin is US News Editor at Cryptomag and manages the site on weekends. He's a former editor at ABC News, former reporter at Bloomberg, and former contributor to The Atlantic, Sports Illustrated, and the Arizona Republic. He taught journalism at Arizona State University and was a Knight-Bagehot Fellow at the Columbia University Graduate School of Journalism.

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