$145 million in short positions liquidated as Bitcoin pumps to $65,000

Oct. 15, 2024 - Nairametrics

Of this liquidation tally, more than $145 million in short trading positions have been wiped out and the remaining $46 million belongs to long trades. Bitcoin witnessed $63 million in liquidations $55 million shorts and $7.

7 million longs as it surged past the $66,000 mark on Oct. 14.

Ethereum is sitting in the second position with $37 million in daily liquidations $30 million in shorts and $7 million in longs. Solana came in third with a total liquidation of $6.

61 million, BOME $5.86 million,n and Neiro $5.

42 million in total liquidationsThe rest of the crypto assets had a total liquidation of $13.59 million.

The exchange accounts for $94 million of the total liquidations with a 76% dominance of short positions...