ICOCalendar.Today

  • ICO Directory πŸ“–
  • ICT Token πŸ”₯
  • Blockchain News πŸ—ž
    • Ethereum
    • Binance
    • Cryptocurrency
    • Litecoin
    • Monero
    • Ethereum Classic
    • Bitcoin
    • Tezos
    • Tron
    • Cardano
    • EOS
    • Algorand
    • ZCash
    • Dash
    • Chainlink
    • NEO
    • Maker
    • DeFi
  • List a project πŸ’£
  • Submit Press Release πŸ‘
  • ICO Directory πŸ“–
  • ICT Token πŸ”₯
  • Blockchain News πŸ—ž
    • Ethereum
    • Binance
    • Cryptocurrency
    • Litecoin
    • Monero
    • Ethereum Classic
    • Bitcoin
    • Tezos
    • Tron
    • Cardano
    • EOS
    • Algorand
    • ZCash
    • Dash
    • Chainlink
    • NEO
    • Maker
    • DeFi
  • List a project πŸ’£
  • Submit Press Release πŸ‘

Bitcoin Crashed $1400 in 5 Minutes Liquidating $150M on BitMEX

8/2/2020

Comments

 

Bitcoin just dove $1,400 in the past five minutes as bears have seemingly re-entered the cryptocurrency market. The digital asset hit $10,600 at the lows and has since rebounded to $11,100 as countless traders have bought the dip as per their Twitter fees.

Price chart from TradingView.com

On BitMEX alone, this move liquidated $125 million worth of Bitcoin longs that were presumably overleveraged.

According to a trader’s data, over $1 billion worth of positions across the market were liquidated over the past hour alone. Much of the liquidations were centralized in Bitcoin and Ethereum, which seemingly reacted the fastest to the move.

Ethereum dropped as low as $302 on Binance’s futures platform and almost as close to that level on other margin platforms.

Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts fromTradingView.com 
Bitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX


Originally from Bitcoinist.com https://ift.tt/30n6WxL
Comments

    Blockchain News

    Leading global blockchain news provider. A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography.
    BLOCKCHAIN NEWS

    Archives

    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    November 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017

    RSS Feed

​About

  • About us​
  • ICT Token
  • News​​
  • Testimonies
  • Terms of Service​​
  • ​​We on Google News​ 🤑
  • ​We in the media
  • ​Partners

Let's connect!

News Feeds

  • Blockchain News
  • Jobs Board 👨‍🎓
  • Bitcoin News
  • Ethereum News
  • Binance News
  • ​Tron News
  • Cardano News
  • EOS News
  • Tezos News
  • Stock Markets
  • COVID-19 News
  • Crypto News
  • Chainlink News
  • Litecoin News
  • Dash News
  • Monero News
  • ETC News
  • NEO News
  • Maker News
  • DeFi News
  • ZCash News
  • Algorand News
© 2017-2020 ICOCalendar.Today. All Rights Reserved.