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 Almost $500 million in Bitcoin has been withdrawn from exchanges in the past 24 hours.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  • Almost $500 million in Bitcoin has been withdrawn from exchanges in the past 24 hours.
  • However, Ethereum has only seen around $100 million withdrawn from exchanges in the past 24 hours.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

PEGA Pool is the Powered By Sponsor for Mining Disrupt 2023, Supporting Greener Future for Bitcoin Mining
Codego Crypto Gift Cards
Codego Launches the New Era of Crypto Gift Cards
HJHRE Reports HJH Investments’ First Quarter 2023 Results
Introducing DexCheck: The Future of AI-Enhanced Analytics in Crypto and NFT Markets
Introducing DexCheck: The Future of AI-Enhanced Analytics in Crypto and NFT Markets
Translate »