Liquidation of over $2 billion in 2 days
On December 10th, we saw $1.6 billion in liquidations. That was the day when the Willow quantum computer fad started on BTC.
On December 5, we were liquidated for $850 million. On this day, BTC exceeded the price of $100,000 for 1 coin for the first time.
August 5 of this year: liquidated by $1.6 billion due to the risk of war escalation and the sad state of the economy.
If we compare with December 2022, we only got about $800 million worth of liquidations, but then there was a very high-profile event - the collapse of the FTX exchange. At that time, BTC was worth $16,000.
As for the largest liquidation, it happened on May 19, 2021 - Bitcoin fell by 30% overnight and $8.6 billion worth of traders were liquidated. Then it happened because China banned all cryptocurrency exchanges. BTC tested the $30,000 level.
Today we have a BTC rate of $95,500 0 reply
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