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26 July 2021

$540 million 'rekt' as top cryptos plunge overnight. Here's the aftermath

$540 million 'rekt' as top cryptos plunge overnight. Here's the aftermath


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As per data from analytics appBybt, over 113,956 traders were liquidated on various crypto exchanges, with the largest single liquidation order occurring on futures powerhouse Bybit—a Bitcoin trade valued at $4.5 million.

Over $250 million worth of Bitcoin trades were liquidated, followed by Ethereum trades ($131 million), XRP trades ($24 million), and Dogecoin trades ($11 million).

Also high up on the liquidation list were $4.7 million in Ethereum Classic trades, $3.74 million in Litecoin trades, and $3.41 million in Shiba Inu coin trades (as of Tuesday morning).

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BTC gains 15% in 3 hours amid tight squeeze
published: 1 hour ago
A sharp squeeze has seen Bitcoin quickly rally to test $40,000 for the first time in roughly six weeks, reclaiming its 50-day moving average in the process.

sentiment (-0.1) Negative

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Cryptoslate.com
Market data feeds provided by cryptocompare.com
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