Crypto Money MarketMobility in full throttle continues. Bitcoin $96,276.81‘s (BTC) to 93 thousand 500 dollars caused panic in the markets. The total market value decreased to $ 3.15 trillion, while the position of $ 276 million in the last 24 hours was liquidated. More than a hundred thousand investors were pushed out of the market due to a sudden price drop.
More than 110 thousand investors reset
Coinglass According to data, the position of 110 thousand 705 investors was liquidated. The total amount of liquidation was recorded as 276 million dollars. Most of the liquidations came from long positions. 190.31 million dollars loss long While coming from the liquidation of positions, $ 85.98 million short came from the positions. In Binance, 7.5 million dollars of transactions were liquidated at one time.
Binanceis the leading position in the liquidation rates. The stock market constituted 38.67 percent of the total liquidations and the liquidation of approximately $ 104.03 million took place. Bybit, OKX And Gate.io He was among the stock markets that suffered great losses. In these stock exchanges, respectively, $ 50.18 million, 49.59 million dollars and $ 31.24 million liquidation was the liquidation.
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Bitcoin tests support levels
BitcoinCurrently trying to hold on the level of critical 96 thousand dollars. The price of the price below this level is quite critical as it can accelerate the decline. This increases investors’ concerns.
Experts Bitcoin priceAs one of the most important reasons behind the decline in the fall, Spot shows large outputs in Bitcoin ETFs. As a matter of fact, according to Farside data, the last trading day for ETFs was an exit of $ 129 million on February 18th. With these outlets, the sales pressure on Bitcoin increased.
Negativity in the market Crypto fear and greed index‘nor reflected. Index shows that the investor sensitivity is negative by falling to 37 levels. In this environment, some investors open Short positions, believing that the decline in Bitcoin will continue.
Decrease in Bitcoin so that it is not a surprise Altcoin marketIt also affected. Solana (left), xrp and dogecoin 
$0.253795 Popular Altcoins such as (Doge) fell harshly. XRP and Solana did not show strength despite the expectation of Spot ETF in the USA. Despite this expectation, the prices did not remain constant and the downward trend continued. Due to the uncertainty in the market, investors are closely monitored by Bitcoin’s significant level of support.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
