Rivers of blood! Bitcoin climbed to 68,000 and then "slumped 3,000 mg" and fell below 65,000. More than 100,000 people liquidated their positions to US$300 million.

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Bitcoin soared to around $68,000 around 21:30 on the 15th, but selling pressure soon emerged, and it plummeted by more than $3,000 within an hour, reaching a low of $64,781, a true tug-of-war between bulls and bears! Ethereum also surged to around $2,700 before plummeting, reaching a low of $2,536.

$240 million in liquidations across the network in the past 24 hours

According to Coinglass data, the total amount of crypto liquidations across the network exceeded $304 million in the past 24 hours, with nearly 100,000 people being liquidated.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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