In 24h the liquidation reached $685M.

That's the biggest sum since the 13th of April.

But what about other liquidations during 2024 and how they affect Bitcoin?

• 5th of March
$1.17B liquidated. Price dropped from $68.3k to $63.7k(-6.8%)
Took 4 days to recover.

• 15th of March
$639M liquidated. Price dropped from $71.3k to $65.3k in 2 days(-8.5%)
Took 15 days to recover.

• 19th of March
$738.5M liquidated. Price dropped from $67.5k to $61.9k(-8.3%)
Took 2 days to recover.

• 12th of April
$881M liquidated. Price dropped from $70k to $67.1k(-4.2%)
Took 39 days to recover

• 13th of April
$948.5M liquidated. Price dropped from $67.1k to $63.8k(-5%)
Took 38 days to recover

• 4th of July
$479M liquidated. Price dropped from$60.1k to $54.3k (-9.5%)

How much time it took for us to recover this time?