Crypto Money MarketBitcoin with accelerating sales since yesterday 
$124,154.60Ethereum 
$4,676.74XRP, Solana and Dogecoin 
$0.260582consecutive position liability liquids. According to Coings’s data, the total liquidation amount reached approximately $ 700 million. In the liquidations, the XPL Coin was among the most prominent crypto currencies. The liquidations were triggered by increasing volatility during the intense leverage accumulation and macro uncertainty. Developments brought global investor sensitivity to the cautious region.
Medium-high violent shock in crypto currencies
Stop-outs that are triggered successfully in futures products in high trading stock exchanges Bitcoin And EthereumStarting from the XRP, Solana and Dgecoin, a large -based chain of liquidation. Coinglass Data show that the total liquidation size of the day is about $ 700 million. XPL The hard volatility on the Coin side also made the crypto currency included in the list. The liquidation figures correspond to a middle-high violence compared to the mass liquidations on a billion dollar scale on different days since the end of September.
The biggest crypto currency on the price front was withdrawn from the last record threshold of around 126.200 dollars to 121,600 dollars, while the searches for public expenditures and liquidity in the United States have sensed the investor decisions. Ethereum and major altcoinThe decreases in the ones have made cross -pressure pressure between spot and futures markets. Increased volatility risk management in a short time liquidated weak investors and carried them out of the market.
What are the triggers of the decline?
Market experts in recent weeks Use of leverageHe often notes that he started to increase and warned that it would cause the problem. As a matter of fact, the rise, which caused pressure on the side, returned to the decline with the increase on the Long side.
Moreover, in the United States, the increasing uncertainty around the closure of the government has become fragile around the record thresholds. Even a small wave of sales was enough to trigger chain liquidation. Gold records with interest in traditional safe ports, while volatility increased in crypto currencies.
The harsh fluctuation during the XPL during the week also raised the “sales” discussions in the community. While the project front rejected the allegations, it was emphasized that the coins allocated to the team were locked. Discussions once again showed how fragile the supply-demand balance was in the periods of new listings and that faster price deterioration could be experienced during general sales pressure days.
