{"id":1300,"date":"2024-04-25T00:22:09","date_gmt":"2024-04-25T00:22:09","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/25\/crypto-liquidations-surpass-210m-with-longs-representing-85-of-the-total\/"},"modified":"2024-04-25T00:22:09","modified_gmt":"2024-04-25T00:22:09","slug":"crypto-liquidations-surpass-210m-with-longs-representing-85-of-the-total","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/25\/crypto-liquidations-surpass-210m-with-longs-representing-85-of-the-total\/","title":{"rendered":"Crypto liquidations surpass $210m, with longs representing 85% of the total."},"content":{"rendered":"<p>The recent market volatility has led to significant liquidations in the cryptocurrency trading space. A total of 92,298 traders have observed liquidations amounting to $210.26 million in both long and short positions. Notably, the majority of the liquidated trades (84.7%) were from long positions, indicating a shift in sentiment from bullish to bearish as the market turns red. The current instability in the market can be attributed to Bitcoin&#8217;s retreat from its recent high of $67,183 on April 23.<\/p>\n<p>This retreat resulted in a notable correction, leading to a 3.2% decline in BTC&#8217;s value by the end of the previous trading session. As a result, the global cryptocurrency market capitalization has experienced a 3.87% decline over the past 24 hours, now standing at $2.47 trillion. This has also led to altcoins entering bearish territory. Bitcoin, as the premier cryptocurrency, has seen the largest amount of liquidated positions among all crypto assets, totaling $44.6 million within the span of 24 hours.<\/p>\n<p>Despite these significant liquidations, the derivatives market has witnessed a surge in volume, with trade volume spiking by 30% in the last 24 hours to reach $159 billion at the reporting time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent market volatility has led to significant liquidations in the cryptocurrency trading space. A total of 92,298 traders have observed liquidations amounting to $210.26 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-1300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-analysis"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1300"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1299"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}