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[Breaking] Virtual asset futures market, $300 million liquidations in the last 15 minutes
Uk Jin
Summary
- It reported that volatility in the virtual asset market has widened significantly and that large positions were liquidated in the futures market.
- It said that a total of $300 million in liquidations occurred in the past 15 minutes.
- It said that Bitcoin's 10.44% drop from the previous day, falling to $82,000, was the main cause of this liquidation.
Volatility in the virtual asset (cryptocurrency) market appears to be widening significantly. Large positions were liquidated in the futures market.
On the 21st (Korea time), according to WatcherGuru, a total of $300 million in liquidations occurred in the virtual asset market over the past 15 minutes.
This was due to a sharp drop in Bitcoin, the leading virtual asset. At around 4:36 p.m. that day, Bitcoin on Binance fell 10.44% from the previous day, momentarily dropping to $82,000. It was the first time since April that Bitcoin recorded $82,000. Large positions were liquidated amid the sudden decline.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
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