Over the past day, the margin positions of 172 thousand traders were forcibly liquidated. This happened at a time when the bitcoin rate fell to a monthly low of $ 55 thousand.
The amount of liquidations of margin positions over the past day reached $ 678 million, according to the bybt service. Over the past day, positions of 172 thousand traders were forcibly closed. The largest loss per trade occurred on the Bitmex exchange in a pair of bitcoins to the US dollar and amounted to $ 7.2 million.
The massive liquidation of traders' positions was caused by the fall in the bitcoin rate by 6%, to a new local minimum of $ 55 thousand. Against the background of the decline in the first cryptocurrency, altcoins also fell in price. For example, the price of Ethereum and Binance Coin fell by 4%, while the Solana price fell by 7%.
Over the past day, traders who traded bitcoin, having lost almost $ 300 million, suffered more than others.In second place, users of crypto exchanges who concluded transactions with Ethereum, lost $ 140 million.The third place in terms of losses is occupied by positions in Solana, they were liquidated for $ 30 million.