Bitcoin liquidations in last 24 hours top $160M

The 3rd astir important agelong Bitcoin (BTC) liquidation of 2023 occurred connected Jan. 30, arsenic implicit $160 cardinal worthy of BTC were liquidated successful the past 24 hours, according to CoinGlass data.

At the clip of writing, data shows that a full of $160.69 cardinal worthy of BTC got liquidated successful the past 24 hours. This magnitude includes the 15 cardinal agelong BTC liquidation recorded today, which marks the third-largest agelong BTC liquidation of 2023, according to CryptoQuant.

BTC Long Liquidations (Source: CryptoQuant)

The archetypal and 2nd largest agelong BTC liquidations of the twelvemonth were recorded connected Jan. 19 and Jan. 15, with implicit 20 cardinal and 16 million, respectively.

A akin question successful BTC liquidations was besides recorded connected Jan. 25, erstwhile the terms of BTC breached $23,000, and full liquidations breached $200 cardinal successful 24 hours.

BTC is being traded for astir $22,740 astatine the clip of writing.

The station Bitcoin liquidations successful past 24 hours apical $160M appeared archetypal connected CryptoSlate.