Bitcoin liquidations in last 24 hours top $160M

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According to CoinGlass data, the third most important long Bitcoin (BTC) liquidation of 2023 occurred on January 30th.

At the time of writing, data It shows that a total of $160.69 million worth of BTC was liquidated in the last 24 hours. This amount includes his 15 million long BTC liquidation recorded today. mark It is the third largest long BTC liquidation of 2023, according to CryptoQuant.

BTC Long Liquidation (Source: CryptoQuant)
BTC Long Liquidation (Source: CryptoQuant)

January 19th and January 15th marked the first and second largest Long BTC liquidations of the year, surpassing 20 million and 16 million respectively.

A similar move in BTC liquidations was recorded on January 25, when the price of BTC surpassed $23,000, with total liquidation exceeding $200 million in 24 hours.

BTC is trading around $22,740 at the time of writing.

Journalist at CryptoSlate

Zeynep is an academic turned cryptocurrency in 2018. With a background in social sciences, he is particularly interested in the social impact of blockchain and cryptocurrencies, and a strong believer in their transformative power.

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