Crypto Money MarketThe rise in the last 24 hours followed a harsh decline. This decrease that hit the market in general creating panic among investors, led to a wave of liquidation in high leveraged transactions. According to Coings, a chain analysis company, over 230,000 investors have lost their open position in the last 24 hours and a total of $ 810 million liquidation. The largest liquidation was on the end of $ 10 million on the end of the end.
Long position of $ 690 million deleted
CoinglassAccording to the data provided by the last 24 hours, most of the liquidations consisted of long positions. Long position liquidation, which exceeded $ 690 million in total, was reversed by investors reversing the expectation of rise the day before. Sudden collapse in the market, especially investors, Donald Trump’s US Strategic Crypto Money Reservecame after aggressive purchases with the announcement.
Investors’ over -optimism and high leverage use caused great losses during the fall. Many investors, who faced sudden price changes, have been pushed out of the market due to liquidation.
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Bitcoin and Altcoins fell hard
Hard decline in the crypto money market Bitcoin (BTC) $92,371.32 It also affected Altcoins with large market value, especially. According to CoinMarketcap data, Bitcoin lost 9 percent and fell to 85 thousand 410 dollars. This hard decline in the largest crypto currency increased the volume of processing by 30 percent, causing great volatility.
Ethereum (ETH) $2,354.94 15 percent, XRP 18 percent and Solana (Left) lost close to 20 percent. Especially the depreciation in Solana gained momentum with investors selling high amounts of sales. While the current harsh decline in the market is damaged by many investors, uncertainty about short -term price movements.
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.