Bitcoin (BTC) climbed back above $43,000 during Asian trading hours following news that BlackRock amended its spot exchange-traded fund (ETF) application to comply with the U.S. Securities and Exchange Commission (SEC).
Coinglass data shows that the price movement liquidated $206 million across all assets from more than 81,000 crypto traders during the past day. Long traders lost $107.82 million, while short traders were liquidated $98 million during the reporting period.
Crypto Market Liquidation. (Source: Coinglass)
Across assets, speculators on BTC price accounted for roughly $68 million, or 32%, of the total losses incurred—$42 million were liquidated from traders betting against further BTC price increases. In comparison, about $26 million was liquidated from long-position holders.
Notably, Bitcoin has further reduced its low Liquidation Sensitivity Index (LSI) score of just $11.72 million USD/%, the lowest level recorded by CryptoSlate. This change suggests markets are further
We współpracy z: https://cryptoslate.com/bitcoin-rebound-above-43000-sparks-67m-btc-liquidation-indicating-further-market-maturity/
