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Showing Tag: "ether accounts for almost half of $520m liquidations amid weak on-chain data" (Show all posts)

Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data

Posted by CoinDesk: Shaurya Malwa on Friday, May 27, 2022, In : TRADING FLOOR 



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Bitcoin (BTC) and ether (ETH) lost pivotal support levels in the past 24 hours amid weakening sentiment for the broader crypto market – a move that caused over $520 million in liquidations, data shows.

Ether-tracked futures lost upwards of $236 million, nearly double those of $125 million on bitcoin futures. The losses were unusual for ether, which mostly sees...


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