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27 July 2021

85,000 crypto traders 'liquidated' after Bitcoin fell to nearly $30,000

85,000 crypto traders 'liquidated' after Bitcoin fell to nearly $30,000


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85,000 crypto traders 'liquidated' after Bitcoin fell to nearly $30,000.

Over 82,000 traders were liquidated, with the largest single liquidation order taking place on Bybit—a Bitcoin trade valued at $4.86 million.

As per data from analysis toolBybt, $146.14 million worth of Bitcoin trades were liquidated, followed by Ethereum traders ($52 million), XRP traders ($8 million), and Axie Infinity traders ($5 million).

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