Bitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot

Nov 6, 2024 · Bitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot Demand Amid Trump Win. ... Spot buying drives Bitcoin's rally, with short sellers facing liquidations as election …

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Bitcoin Shorts Liquidated As Price Hits $75K, Driven By Spot

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Nov 6, 2024 · Bitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot Demand Amid Trump Win. ... Spot buying drives Bitcoin's rally, with short sellers facing liquidations as election …

binance.com

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Bitcoin Short Sellers Face $179M Liquidation As Price Hits $75K …

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Nov 6, 2024 · Bitcoin surged to a new high of $75,000 on Nov. 6, sparking a wave of liquidations for short sellers totaling $179 million within hours, as demand rose on Coinbase. Analysts …

econotimes.com

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$197.7M In Shorts Liquidated As Bitcoin Price Soared To $75,000

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Nov 6, 2024 · The Bitcoin price’s latest rally has left short sellers reeling after the cryptocurrency’s price surged past $75,000 earlier today. BTC ... Bitcoin price hits $75K, pushing $180M in …

cryptomode.com

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2 Crypto Short Traders Hit By $100 Million Loss As Bitcoin Reached ...

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Nov 6, 2024 · Bitcoin’s surge to a record-breaking $75,000 has led to staggering losses for two unidentified traders on Binance who had bet against its price rising. According to Coinglass …

cryptoslate.com

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Bitcoin Shorters ‘are Getting Rekt’ After New $75K High

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Nov 6, 2024 · Bitcoin traders who bet on an election-induced price decline have been liquidated to the tune of $180 million as the cryptocurrency shattered its previous all-time high and briefly hit …

tradingview.com

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Bitcoin Shorts Wiped As Price Hits New $75K High | Bitget News

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Nov 6, 2024 · Bitcoin traders betting on a price drop amid the U.S. election faced losses, with nearly $180 million in short positions liquidated as Bitcoin surged to an all-time high of …

bitget.com

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Bitcoin Shorts Liquidated As Price Hits $75K, Driven By Spot …

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According to Cointelegraph: Bitcoin surged to a new high of $75,000 on November 6, resulting in nearly $180 million in short liquidations as election-driven volatility pushed BTC past its …

coinlive.com

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Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price

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At this price level, over $1 billion worth of short positions will be liquidated. “$1,000,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BTC HITS $75,000,” Ash Crypto revealed. …

newsbtc.com

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Bitcoin Shorts Liquidated As Price Hits $75K, Driven By Spot

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Nov 6, 2024 · Bitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot Demand Amid Trump Win. ... AI Summary. Spot buying drives Bitcoin's rally, with short sellers facing liquidations as …

binance.com

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Bitcoin Shorts Worth $1.4B At Risk Of Liquidation If BTC Price Hits …

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May 21, 2024 · The U.S.-based spot Bitcoin ETFs recorded $235 million in inflows on Monday, May 20. Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3K Ecosystem

cointelegraph.com

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Bitcoin’s Climb To $70k Could Trigger $1.6 Billion In Short ... - Bitget

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Sep 25, 2024 · The cryptocurrency market is experiencing increased fluctuations as Bitcoin inches closer to a psychological threshold of $70,000. With rising prices comes the possibility …

bitget.com

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Bergen County NJ Bitcoin Scam Leads To Charges A Year Later

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Dec 7, 2024 · The deal was gold for bitcoin valued at $289,000 at the time, per the Bergen County Prosecutor's Office. ... Lawsuit:Parents seeking $75K after student injured in fight at Bergen …

northjersey.com

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Record $1 Billion In Shorts Risk Liquidation If Bitcoin Hits This Price

2 weeks from now

Mar 11, 2024 · For these positions, Bitcoin reaching $75,000 would be detrimental to them. At this price level, over $1 billion worth of short positions will be liquidated. “$1,000,000,000 WORTH …

tradingview.com

FAQs about Bitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot Coupon?

Why did bitcoin lose $180 million in short positions?

Almost $180 million in short positions in Bitcoin have been wiped as it hit an all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand. ...

What happened to bitcoin if the election induced price decline?

Bitcoin traders who bet on an election-induced price decline have been liquidated to the tune of $180 million as the cryptocurrency shattered its previous all-time high and briefly hit $75,000. “The spot market is flying, and shorts are getting rekt,” Pav Hundal, lead analyst at crypto exchange Swftyx told Cointelegraph. ...

How much did the crypto market liquidate in the last 24 hours?

Source: CoinGlass In the last 24 hours, total crypto market liquidations reached $483.2 million — with $358.2 million coming from short bets. Bitcoin short sellers were the largest group liquidated on the day with nearly $251 million, followed by about $47 million who went short on Dogecoin (DOGE). ...

What's going on with Bitcoin's liquidation Cascade?

This marks the largest single-day short liquidation event since we began tracking this metric in May. The liquidation cascade coincided with Bitcoin's sharp price movement from $69,480 to $75,670, representing a 9% increase in the 24 hours following the U.S. elections. ...

When did Bitcoin (BTC) hit a new high?

On Nov. 6, Bitcoin (BTC) hit a new high of $75,000.85 on Coinbase, breaking through its prior peak of $73,679 set on March 13 and liquidating about $179.1 million in Bitcoin short positions in the next four hours, according to CoinGlass data. ...

What happened to Bitcoin after the US elections?

The liquidation cascade coincided with Bitcoin's sharp price movement from $69,480 to $75,670, representing a 9% increase in the 24 hours following the U.S. elections. This event significantly surpassed the previous record of $266 million set in August, representing a 60% increase over the former high. ...