Bitcoin and Ethereum crash by more than 12% in 6 minutes as more than $1B of positions gets liquidated

Bitcoin and Ethereum plummeted 12% and 20% respectively in 6 minutes as positions over $ 1 billion were liquidated.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Correspondingly Bybt market data pageMore than 72,422 people have been liquidated in the last 24 hours. The largest single liquidation order valued at $ 10 million was placed on BitMEX's Bitcoin Perpetual Swap. "Data-reactid =" 13 "> According to Bybt market data pageMore than 72,422 people have been liquidated in the last 24 hours. The largest single liquidation order valued at $ 10 million was placed on BitMEX's Bitcoin Perpetual Swap.

Bitcoin's price rose from $ 11,930 to $ 10,550. At press time, the price has now recovered to around $ 11,400.

Ethereum crashed from $ 408 to $ 326. At press time, the price has now recovered to around $ 380.

<p class = "Artboard-Atom Artboard-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "© & nbsp; 2020 & nbsp; The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or used as legal, tax, investment, financial or other advice."data-reactid =" 49 ">© 2020 The Block Crypto, Inc. All rights reserved. This article is for informational purposes only. It is not offered or used as legal, tax, investment, financial or other advice.





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