The first cryptocurrency set a new all-time high in price. Due to its fluctuations, exchanges liquidated positions of almost 57 thousand users. The loss of one of them exceeded $ 10 million
Over the past 24 hours, leveraged traders have lost more than $ 700 million in cryptocurrency, according to bybt.com . This happened due to a sharp rise in the price of bitcoin. For the first time in history, according to coinmarketcap.com, it rose to the current value of $ 21.3 thousand. In this regard, exchanges liquidated short positions of traders who were playing for a fall.
In total, over the past 24 hours, trading platforms forcibly closed the positions of more than 57 thousand users. Most of the liquidations fell on short positions. The share of "shorts" in the total liquidation volume exceeded 88%. One of the traders lost over $ 10 million on an unsuccessful trade.
The leader in terms of liquidations was the Binance exchange, its users lost almost $ 300 million amid fluctuations in the price of bitcoin. The second position was taken by the Huobi trading platform with an indicator of $ 162 million. The third place in terms of the amount of closed positions went to Okex - $ 100 million.
At the end of November, there was another massive wave of liquidations. On that day, the bitcoin rate approached $ 20 thousand, but then fell sharply to $ 16.3 thousand. Against this background, 191 thousand traders lost more than $ 1.9 billion in cryptocurrency.