Javascript is disabled. Traders lost over $ 2 billion per day on the fall in the bitcoin rate. - Twigse: Business scaling digital platform with a full range of decentralized financial services
  • March 30, 2021 7:43 AM

    Traders lost over $ 2 billion per day on the fall in the bitcoin rate.

    The largest liquidation of a position amounted to $ 35.6 million. In total, against the background of a decrease in quotations of the first cryptocurrency to $ 51.5 thousand, positions of 282 thousand users of crypto-exchanges were closed

    Traders lost $ 2.03 billion over the past day amid the fall in the bitcoin rate to $ 51.5 thousand (minimum since March 8). According to the bybt service, over the past 24 hours, margin positions of 282 thousand users of crypto exchanges have been liquidated. The largest liquidation occurred on Binance, paired with Polkadot. The loss per transaction was about $ 35.5 million.

    The decline in the quotes of the first cryptocurrency is taking place against the backdrop of a record expiration of Bitcoin options in the volume of $ 6 billion, which will occur tomorrow, March 26. The manager of the Deribit crypto derivatives exchange, Luuk Stryers, suggested that the price of the coin could move towards the $ 44,000 mark, and there will be no potential downward pressure after Friday.

    Yesterday, a short-term rise in the bitcoin rate to $ 57.2 thousand occurred after the electric car manufacturer Tesla added the ability to pay for its products with bitcoins. While this method is only available to customers in the United States, it will appear in other countries later this year. Tesla will not convert bitcoins received as payment into fiat currency.

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