Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k

Quick Take: The crypto market has recorded nearly $400 million in liquidations in the past 24 hours. BTC briefly surpassed $23k. Only 11.7% of all BTC supply now sits on exchanges, the lowest amount since December 2017. Almost $500 million in Bitcoin has been withdrawn from exchanges in the past 24 hours. However, Ethereum has […]

Don't got time to read? Listen it & multi task

Quick Take:

  • The crypto market has recorded nearly $400 million in liquidations in the past 24 hours. BTC briefly surpassed $23k.
  • Only 11.7% of all BTC supply now sits on exchanges, the lowest amount since December 2017.
  • Almost $500 million in Bitcoin has been withdrawn from exchanges in the past 24 hours.
  • However, Ethereum has only seen around $100 million withdrawn from exchanges in the past 24 hours.
Bitcoin: Net Transfer Volume from/to Exchanges Breakdown by Size (USD] - All Exchanges
Bitcoin: Net Transfer Volume from/to Exchanges Breakdown by Size (USD] – All Exchanges / Source: Glassnode
Price of Bitcoin
Bitcoin Price (Source: TradingVIew)

The post Nearly $400M in crypto liquidations over 24 hours pushes Bitcoin above $23k appeared first on CryptoSlate.

Latest articles by Glenn Nasta

hyrotrade
HyroTrade Cryptocurrency Trading Platform Review and Experience
Voltreum
Voltreum Announces a P2P Blockchain-Based Strategy to Trade Energy
hyrotrade review, trading offers thumbnail
Margin Trading, Copy Trading, Competitions: What Else Does Hyrotrade Offer?
Voltreum
Voltreum – A New Way to Share Energy Through Blockchain Technology
Translate »