{"id":895,"date":"2024-04-18T06:25:48","date_gmt":"2024-04-18T06:25:48","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/18\/bitcoin-long-positions-result-in-247-million-in-liquidations-amid-market-lull\/"},"modified":"2024-04-18T06:25:48","modified_gmt":"2024-04-18T06:25:48","slug":"bitcoin-long-positions-result-in-247-million-in-liquidations-amid-market-lull","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/18\/bitcoin-long-positions-result-in-247-million-in-liquidations-amid-market-lull\/","title":{"rendered":"Bitcoin long positions result in $247 million in liquidations amid market lull"},"content":{"rendered":"<p>Long BTC positions suffered a significant blow on April 18, experiencing a brief drop under $62,000. Traders who had been betting on higher Bitcoin prices faced over $57 million in liquidations across various trading platforms. Conversely, short positions, held by investors predicting price declines, lost over $36 million in a span of 24 hours. According to data, a $5.3 million BTC\/USDT pair trader on crypto exchange OKX was reported as the largest liquidation order at the time of reporting.<\/p>\n<p>This event led to more than 74,571 traders witnessing their positions being wiped out from the market. At the time of writing, the total crypto market remained flat, experiencing a 0.9% decline and holding a valuation of $2.3 trillion according to CoinGecko. It is worth noting that during the previous bull run, the sector had surpassed $3 trillion and had come close to this milestone following BTC\u2019s earlier surge earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Long BTC positions suffered a significant blow on April 18, experiencing a brief drop under $62,000. Traders who had been betting on higher Bitcoin prices [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/895","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=895"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/894"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}