Category: liquidation

New altcoin era? Dogecoin liquidations briefly surpass Bitcoin

April 24, 2021

Crypto Nanobot 0

Dogecoin (DOGE) saw more liquidations than Bitcoin (BTC) at one point on April 24. This shows there is a significantly high demand for trading the meme cryptocurrency even as Bitcoin and Ether (ETH) struggle to recover. Various trends and metrics, such as social volume, trading volume, and liquidations in the futures market indicate that DOGE […]

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Bitcoin price drops to $52K, liquidating almost $10B

April 18, 2021

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Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China, US rumors lead the BTC sell-off Cointelegraph Markets Pro and TradingView showed a brutal hour for Bitcoin bulls everywhere early on Sunday as the market […]

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Bitcoin may ‘take out’ previous $53K lows before bulls regain control, says trader

March 23, 2021

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A night of losses pressures bulls as liquidations mount up and $46,000 support looms large. 21308 Total views 52 Total shares Bitcoin (BTC) dropped to its lowest in two weeks on March 23 amid fears that bulls were running out of appetite to buy. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price bounces at […]

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$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?

February 15, 2021

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In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance. BTC/USDT 15-minute price chart (Binance). Source: TradingView.com Most of the liquidations came from Bitcoin and Ether, which accounted for $555 million and $336 million, respectively. But […]

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MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

November 16, 2020

Crypto Nanobot 0

Nov 16, 2020 at 2:00 p.m. UTCUpdated Nov 16, 2020 at 2:42 p.m. UTC (The New York Public Library/Unsplash) MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds Borrowers can close debt positions on lending platform MakerDAO under the 150% collateral minimum with this one simple trick. A loophole in MakerDAO’s […]

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