It is not a kind of credit for Easter who were hoping, as during the past four hours, Bitcoin (BTC) has seen a 13520 % liquidation, with $ 9.62 million in a long period compared to only $ 71,000 in short pants. This step came amid a sharp decrease in the BTC price to its lowest level near 83,800 dollars before the moderate bounce to the current level of $ 84,453.
The sales process has liquidated a total of $ 35.35 million across the market in the same window that takes four hours, with 83.6 % of the long damage.
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The BTC alone formed the largest piece of $ 9.7 million, followed by ETH at 8.2 million dollars and Sol with $ 2.45 million in the farewell leverage.
The size of the defect talks about itself. Although the long qualifiers are common in rapid decline, this type of flow in one direction-more than 130 times has been liquidated more than short pants-shows the extent of the market at the weekend. The fluctuation has been sufficient to pay a total of $ 165.1 million in liquidation over the past 24 hours, affecting more than 119,000 traders.
The largest liquidation request? $ 5.95 million BTC/USDC on Binance, according to Coinglass.
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If you look at the Bitcoin price scheme, you will see that this step was very slope but fast. After spending some time at about 85,400 dollars, Bitcoin took a decrease and decreased by about $ 83,800. The rapid reflection indicates excessive excessive term, but the damage to the long positions that have already occurred has already occurred.
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Traders on Easter came on Sunday, believing that the market would rise. What they got was a brutal reminder: When everyone goes in the same way, even a little payment in the other direction can lead to a total survey.
