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Cryptocurrency News Articles
Bitcoin (BTC) Has Set a New Record Above $75,000 Today, Derivatives Market Has Just Seen $574 Million in Liquidations
Nov 07, 2024 at 08:00 pm
The moment Bitcoin investors have been waiting for these past few months has finally happened, as the number one cryptocurrency has set a brand new price
The cryptocurrency derivatives market has undergone a large amount of liquidations following Bitcoin’s rally to its new all-time high (ATH).
In total, $574 million worth of cryptocurrency positions have undergone this process in the last 24 hours. Out of these, almost $385 million of the liquidations have involved short contracts. This represents 67% of the total, which, while still an obvious majority.
More than $189 million in longs still managing to get liquidated through the positive price action suggests that a lot of these positions were opened at the Bitcoin top.
In terms of the contribution from the individual symbols, Bitcoin has unsurprisingly occupied the largest share with nearly $275 million in liquidations.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
